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.
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.
This helps customers search for IFSC code of any branch of any bank across the country.
Industrial Bank of Korea (IBK) is a Korean industrial bank headquartered in Jung-gu, Seoul, South Korea. Established in 9, the bank is owned by the Government of the Republic of Korea (South Korea). The bank operates approximately 7 branches and 8 depository offices in Korea and overseas offices.
Industrial Bank of Korea offers a comprehensive range of products and services to its individual and corporate customers. IBK deals in Retail Banking, Corporate Banking, Money Market, IB and Others segments. Retail products and services offered by bank include current and savings accounts, demand deposits, and retail and mortgage loans. Loans, overdrafts, and other credit facilities for private and public enterprises; and money market services, including foreign currency, treasury, and investment related services are the banking solutions offered by the company in corporate banking domain.
Installment financing and venture capital Micro financing. Futures trading Asset management Investment trust, Information system development and advisory Consulting,
Retail loan Mortgage loans