Indian Financial System Code

The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.[1]


The 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.[2] The format of the IFS Code is shown below.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

Lists of IFS CodesEdit

Bank-wise lists of IFS Codes are available with all the bank-branches participating in inter bank electronic funds transfer. A list of bank-branches participating in NEFT/RTGS and their IFS Code is available on the website of Reserve Bank of India.[3] All the banks have also been advised to print the IFS code of the branch on cheques issued by branches to their customers.

Official Sources For Data
NACH Members


  1. ^ "RTGS/NEFT - FAQ". State Bank of India. p. question 9. Archived from the original on 16 April 2012. Retrieved 2 August 2012.
  2. ^ "FAQs : NEFT system". Reserve Bank of India. 31 January 2012. Retrieved 2 August 2012.
  3. ^ National Electronic Funds Transfer Reserve Bank of India

External linksEdit