Bank IFSC Finder

All India Bank IFSC Code Here

The Bank

The bank is a licensed financial institution that acts as an intermediary, accepting deposits from savers and providing loans to borrowers.
 
The first bank in India was established on 5 March 1907 under the name INDIAN BANK.
Indian Bank started full orations on 15 August 1907. 
 
The Government of India nationalized INDIAN BANK for the first time in 1969.
 
Currently, 12 PUBLIC SECTOR and 21 PRIVATE SECTOR, total 33 banks are working in India.

AARNA ENTERPRISES – IFSC Finder

The IFSC

IFSC (The Indian Financial System Code) is regulated by the RBI (Reserve Bank of India), that uniquely identifies specific bank branches across India.
 
Essential for electronic fund transfers NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), IMPS (Immediate Payment Services).
 
IFSC have always 11 digit alphanumeric code, the first 4 letter represent to Bank Name, 5 letter always ‘0’ (zero) and last 6 letter or number represent to bank branch code.
 
RBI, first time introduced the IFSC code system in 2005.
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