IFSC stands for Indian Financial System Code . In the Structured Financial Messaging System (SFMS), the Indian Financial System Code (IFSC) is being used as the addressing code in user-to-user message transmission. The Payment System Applications such as RTGS, CFMS and NEFT developed by the Reserve Bank of India use these codes. The code consists of 11 Characters - First 4 characters (4!A) represent the entity; Fifth position has been defaulted with a '0' (Zero) for future use; and the Last 6 character (6!X) denotes the branch identity. IFSC is being identified by the RBI as the code to be used for various payment system projects within the country, and it would, in due course, cover all networked branches in the country. In due course, when all bank branches participate in electronic payment systems, they would need to have a single identifiable unique code and IFSC would serve the purpose effectively.

IFSC stands for Indian Financial System Code. its a code used for all sort of electronic money transfer purpose. The code gives a specific identification figure to the branches of the banks and hence eliminates any chaos as its a unique for every branch, be it in the same or different city.

To Find IFSC Code

• http://www.indiastudychannel.com/india/ifsc/
• http://finance.indiamart.com/pdfs/all-bank-india-detail.pdf  ( Complete list - Being a big file, it takes little time to open )
• RBI has published a huge list of IFSC codes of almost all banks in India, including HDFC bank branches and you can download here (excel format). Refer to it and see whether the IFSC code of your bank is listed.