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.
The West Bengal State Co-operative Bank Ltd. is a scheduled cooperative bank. On 9th February 98, a cooperative society in the name of Bengal Provincial Cooperative Federation Ltd.” was registered and in 9 the Federation was converted into Bank. In 9, after the evolution of the Bank, provinces were converted into states and the name of the bank was changed to The West Bengal State Cooperative Bank Ltd. West Bengal State Co-operative Bank was enlisted in the Second Schedule of Reserve Bank of India on nd July 9. The objective of establishment of WBSCB is to promote agricultural lending and welfare maximization by increasing the flow of resources to underprivileged sectors.
WBSCB provides a number of products such as current deposit, savings deposit, and term deposit; farm loan for short term agriculture operation, self help group, JLG, farm loan for minor irrigation, fishery, farm mechanization, and agri-clinic / agro-business; non-farm loan includes housing loan, personal loan, and agricultural insurance. The bank also offers Atal Pension Yojana, LIC’s Group Credit Life Insurance, PMJJBY, and PMBSY; and locker service.
Agricultural insurance Atal Pension Yojana LIC’s Group Credit Life Insurance PMJJBY PMBSY
Current deposit Savings deposit Term deposit
Farm loan Short term agriculture operation Self help group, JLG, Farm loan for minor irrigation Fishery Loan Farm mechanization Loan Agri-clinic/agro-business Housing loan Personal loan