New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    IFSC Code contains how many characters that facilitate

    fund transfer in any part of the country?
    A 8 Correct Answer Incorrect Answer
    B 7 Correct Answer Incorrect Answer
    C 11 Correct Answer Incorrect Answer
    D 13 Correct Answer Incorrect Answer
    E 10 Correct Answer Incorrect Answer

    Solution

    The Indian Financial System Code (also known as IFSC) is an unique 11 character code for identifying the bank and branch which an account is held. The IFSC code is used by the NEFT, RTGS and IMPS finance transfer systems.

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