IFSC signifies Indian Financial System Code. It consists a distinctive 11 digit number with a strong of a combination of Alphabets and numbers. Bank IFSC Code is an online method to transfer funds through NEFT, IMPS and RTGS transaction methods.
You can easily find this code on cheque book provided by respective banks and you can also find it on the front page of the your passbook. Bank IFSC code of each Bank branch is assigned by the Reserve Bank of India. You can’t pursue internet banking, fund transactions without any IFSC Code, so it must be available with you during NEFT IMPS and RTGS transaction.