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Ranchi is a city and capital of Jharkhand state, India. It lies on the bank of the Subarnarekha River. It was constituted as a municipality in 1869.
The city is connected with other parts of the country by major rail and road transportations. Ranchi is the centre of the region’s agricultural, cotton, and tea trade. It is engaged in silk production and the manufacture of shellac and heavy machine tools industries. Ranchi houses the headquarters of the National Coal Development Corporation, the Heavy Engineering Corporation, and the Hindustan Steel Company. In addition, military cantonment, radium and lac research institutes, and two mental-health hospitals are also located in the city. It houses colleges of law, medicine, and teacher training centres affiliated with Ranchi University.
Ranchi lies on the southern part of Chota Nagpur plateau system, the eastern section of the Deccan plateau, with lofty flat-topped hills in the northwest. The region is surrounded by lush fertile land; rice is the principal crop in lands irrigated by the multiple rivers such as Subarnarekha, North and South Koel, and Sankh. City has large deposits of minerals, like bauxite, limestone, and china clay, in the vicinity.
IFSC code is used for hassle-free and convenient online or electronic fund transfer from one bank account to another via NEFT, RTGS and NEFT.
Helps uniquely identify a specific bank and its branch, helping customers to transfer funds to the right bank account.
IFSC Code enables customers to execute an online transfer of funds securely, hence eliminating the chances of any fraudulent activity in the fund transfer process.