What is an IFSC code?


IFSC stands for “Indian Financial System code” for INDIA and International Financial Service center for other countries.

In this post, we will discuss on India IFSC code.

IFSC code (INDIA)

IFSC code is a unique alphanumeric code with a character length of 11 digits. Basically IFSC code is used to identify Bank branches or I can say identifying each branch of every Bank in India. It facilitates electronic funds transfer in India. A code which uniquely identifies each branch that participates in main payment and settlement systems within India.

Where it is used?

RBI (Reserve Bank of India) developed it for doing electronic payments or transfer money using RTGS (Real Time Gross Settlement) , NEFT (National Electronic Fund Transfer), IMPS (Instant Mobile money transfer), Immediate payment services and CFMS (Centralized Fund management system).


How the 11 digits are categorized?

XXXX- First 4 digits represent Bank

X- 5th digit is always 0 (Zero) which is reserved for future use

XXXXXX- Last 6 digits represent the Branch


What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

Explore IFSC Codes

Find IFSC details of any bank and brach from over 150000 branches.

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Au Small Finance Bank Limited Bengaluru Residency Road Bangalore Branch IFSC/MICR Code Details
Bank Name AU SMALL FINANCE BANK LIMITED
Address GROUND& FIRST FLOOR,SMART AVENUE NO.28 RESIDENCY ROAD BANGALORE - 560025 KARNATAKA
State KARNATAKA
District BANGALORE
Branch BENGALURU RESIDENCY ROAD
IFSC Code AUBL0002462
Branch Code 002462 (Last six characters of IFSC code represent Branch code.)
MICR Code 560765003
Contact Phone 0
via https://digitalindiazone.com

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