Indian Financial System Code, popularly known as IFSC code, is an 11-digit alphanumeric code that helps identify the individual bank branches. IFSC code is used to transfer funds online for NEFT, IMPS, and RTGS transactions. First four digit characters represent the bank, followed by a zero (0), and the last 6 characters, usually number, represent the bank branch.
Customer can find IFSC code on their bank’s cheque leaves, passbooks, bank statement and other banking documents.
Its significance
Unique branch identification: Through an IFSC code, the particular branches of source and destination banks can be identified.
Useful for electronic transfer: It is used for online fund transfer like NEFT, RTGS & IMPS, and helps eliminate errors.
IFSC Code Finder
This helps customers search for IFSC code of any branch of any bank across the country.
Equitas Small Finance Bank Limited, formerly known as Equitas Micro Finance Limited, was founded in 007 by Equitas as a microfinance lender, with Headquarter in Chennai, India. It received license from the Reserve Bank of India on 0 June 0 and began banking operation on September 0 as a subsidiary of Equitas Holdings Limited.
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