What is an IFSC CODE

IFSC Code is Indian Financial System Code, which is an 11 character code assigned by Reserve Bank of India (RBI) to identify every Indian bank branches uniquely Like SBI HDFC PNB Bank, that are participating in NEFT system in India. This code is used by electronic payment system applications such as RTGS, National Electronic Fund Transfer and IMPS.You Have To Fill Ifsc code when Your transfer Money to other Accounts. You Can Search Here Most Popular Bank IFSC Code Like Sbi Ifsc Code, Pnb ifsc code, bank of baroda ifsc code,indian bank ifsc code, punjab national bank ifsc code, allahabad bank ifsc code, andhra bank ifsc code, Axis Bank IFSC Code, All Bank Ifsc Code Search On http://ifsccode.co.in .

What is a MICR Code?

MICR code is a character-recognition technology used mainly by the Indian banking Sector to ease the processing and clearance of cheques and other bank documents. The MICR encoding, called the MICR line, is at the bottom of cheques and other vouchers and typically includes the document-type indicator, bank code, bank account number, cheque number, cheque amount, and a control indicator. The technology allows MICR readers to scan and read the information directly into a data-collection device. Unlike barcodes and similar technologies, MICR characters can be read easily by humans. You Can Search Here Most Popular Bank MICR Code Like Sbi MICR Code, Pnb MICR code, bank of baroda MICR code,indian bank MICR code, punjab national bank MICR code, allahabad bank MICR code, andhra bank MICR code, Axis Bank MICR Code, All Bank MICR Code Search On http://ifsccode.co.in .

What is RTGS NEFT & IMPS ?

Real Time Gross Settlement (RTGS) are specialist funds transfer systems where the transfer of money takes place from one bank to another on a "real time". RTGS systems are typically used for high-value transactions that require and receive immediate clearing.RTGS Min.Amount is Rs.2 Lakh to transfer other Indian Bank Accounts. National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI).It is done via electronic messages.NEFT transfers in half-hourly batches with 23 settlements occurring between 8:00 AM and 6:30 PM on week days. Transfers initiated outside this time period are settled at the next available window. No settlements are made on the second and fourth Saturday of the month, or on Sundays, or on public holidays.

How can I find IFSC Code for a Bank?

For All Bank IFSC Codes You have To Open Official Site of Bank IFSC Code is http://ifsccode.co.in.
1.Visit Ifsccode.co.in
2.Select Your Bank Name
3.Now Have To Select State Name
4.After That Select District & Branch Name
5.You Will Get Your Bank All Details includes Bank IFSC Code ,Bank Address ,Bank MICR Code, Bank Contact Details etc.
Ifsccode has most popular Banks are HDFC Bank IFSC Code, ICICI Bank IFSC Code, Bank Of India IFSC Code, Canara Bank IFSC Code, Central Bank IFSC Code, Union Bank IFSC Code, Syndicate Bank IFSC Code, Bank Of Maharashtra IFSC Code.