The Indian Financial System Code (or IFSC) is an 11-digit alpha-numeric code assigned by ... This code is used by electronic payment system applications such as RTGS, and NEFT. It is mandatory for ...

In summary, while the branch code helps identify specific bank branches within a network, the IFSC code is essential for electronic fund transfers, and the MICR code plays a vital role in ...

While banks will remain open, transactions like fund transfers, cash deposits, and withdrawals may not go through.

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