Question
The IFSC is an/a _______ digit alphanumeric code.
Solution
IFSC – Indian Financial System Code is used in every electronic fund transfer done by NEFT and RTGS. It is an 11 digit alphanumeric code divided into three parts. 1 to 4 – Alphabets which represents Bank 5th – always Zero (Control number) 6 to 11 – Numeric represents Bank (Destination) Branch
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