IFSC code are required for EFT /RTGS thats why paypal is asking for IFSC code so they can make transfer to your account with EFT/RTGS
IFSC code contains the bank code, branch code and starting 4 digit of your account number like for icici bank - icic000XXXX
Thanks a lot m8. I was trying my banks number and then i just decided to use google and see what i get. I got this post. I got my work done today itself or I would have wait till tommorrow till the bank opens.
Mates, IFSC code is mostly mentioned on your cheque book. its a simple code to identify your bank account branch. Its 11 characters alpha-numeric code. 1. first 4 charaters are your bank name's first four alphabets. Like ICICI Bank's ICIC, UTI Bank's UTIB etc. 2. Last 2-3 characters display branch code of your bank. 3. In between step 1 & 2 are Zeros. If your branch code is of 3 digits than there will be 4 zeros. E.g. ICICI bank with branch code 034 with have IFSC code ICIC0000034. Similarly UTI/Axis Bank will have IFSC as UTIB0000034. I hope it may be of help.
Answer:The Indian Financial System Code (IFSC) is an alpha-numeric code designed to uniquely identify bank branches in India. This is an 11 -digit code with the first four characters representing the bank code, the next character is a control character, and the last 6 characters identify the branch. The Reserve Bank of India publishes the IFSC and MICR codes.
The Indian Financial System Code (IFSC) is an alpha-numeric code designed to uniquely identify bank branches in India. This is an 11 -digit code with the first four characters representing the bank code, the next character is a control character, and the last 6 characters identify the branch. The Reserve Bank of India publishes the IFSC and MICR codes.
Here is one More useful link for IFSC Codes. Download the excel sheet and you will come to see the IFSC codes of all the banks. Use "Auto Filter" option of Excel sheet to filter it to your bank/area Here is the link http://paisamechanic.blogspot.com/2008/12/ifsc-codes-of-indian-banks.html -Kathiravan Manoharan
IFSCcode.info Google Gadget link: tinyurl.com/ifsccode FaceBook App: apps.facebook.com/ifsccodes/ Its great tool for every Indian!