Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic transfer of funds in India provided by RBI. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India:

• Real Time Gross Settlement (RTGS)
• National Electronic Fund Transfer (NEFT)
• Immediate Payment Service (IMPS)

IFSC is an 11-character code with the first four alphabetic characters representing the bank name, and the last six characters (usually numeric, but can be alphabetic) representing the branch. The fifth character is 0 (zero) and reserved for future use. Bank IFS Code is used by the NEFT & RTGS systems to route the messages to the destination banks/branches. The format of the IFS Code is shown below.