The IFSC (Indian Financial System Code) follows a specific 11-character structure that provides key information about the bank and branch. Understanding this structure can help you verify and interpret IFSC codes correctly.

IFSC Code Breakdown:

AAAA0BB1234

• First 4 characters (AAAA): Represent the bank code
• 5th character (0): Is always '0' (zero)
• Last 6 characters (BB1234): Represent the branch code

Example:

Let's break down the IFSC code: SBIN0000221

• SBIN: Indicates State Bank of India
• 0: The standard '0'
• 000221: Specific branch code (in this case, for the main branch in Mumbai)

Important Notes:

• IFSC codes are always 11 characters long
• They are alphanumeric (contain both letters and numbers)
• The first four characters are always alphabets
• The fifth character is always a '0' (zero)
• The last six characters can be numbers, letters, or both

By understanding the IFSC code structure, you can quickly identify the bank and get an idea about the branch location, which is crucial for verifying transaction details and avoiding errors in fund transfers.