Menu
Home
People
Places
Arts
History
Plants & Animals
Science
Life & Culture
Technology
Reference.org
Indian Financial System Code
open-in-new
<p>The Indian Financial System Code (IFS Code or IFSC) is an <a href="/facts/Alphanumeric_code/mTK8dMXB">alphanumeric code</a> that facilitates <a href="/facts/Electronic_funds_transfer/w1FMzCPY">electronic funds transfer</a> in India. A code uniquely identifies each bank branch participating in the three main <a href="/facts/Payment_and_settlement_systems_in_India/sTJuH8RA">Payment and settlement systems in India</a>: the <a href="/facts/National_Electronic_Funds_Transfer/2GxTWKW8">National Electronic Funds Transfer</a> (NEFT), <a href="/facts/Real_Time_Gross_Settlement/LbnX7p81">Real Time Gross Settlement</a> (RTGS) and <a href="/facts/Immediate_Payment_Service/n0BJmd32">Immediate Payment Service</a> (IMPS) systems. </p>