Once you have the IFSC code, you can use it to make an NEFT or RTGS payment using your bank's online banking portal.
The Indian Financial System Code, also known as the IFSC code, is a unique code that is assigned to every bank branch in India. This code is used to identify the bank and the branch when making or receiving NEFT or RTGS payments.
The IFSC code is an alphanumeric code that is typically 11 characters long. The first four characters of the IFSC code represent the bank's name, while the last six characters represent the bank branch.
For example, the IFSC code for the Bank of Baroda's Mumbai branch is BARB0MUMBAI.
If you need to make an NEFT or RTGS payment, you will need to provide the payee with your bank's IFSC code. You can usually find this code on your bank's website or on your bank statement.
If you're not sure which IFSC code to use, you can use the IFSC code search tool on the Reserve Bank of India's website.
Once you have the IFSC code, you can use it to make an NEFT or RTGS payment using your bank's online banking portal.
