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IFSC code News
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RBI has assigned this 11-digit alpha-numeric code (Reserve Bank of India).
Every bank's branch is assigned its own IFSC code, hence each branch has its own IFSC Code.
The IFSC code is used in online banking systems such as NEFT, IMPS, and RTGS.
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New rule from April 1.
Rules on Cheque book.
Rules on MICR, IFSC code.
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If a customer has an account in any of these 7 banks, then quickly check for a new cheque book and IFSC code.
Dena Bank and Vijaya Bank have merged with Bank of Baroda on April 1, 2019.
From April 1, only cheque books and passbooks of Bank of Baroda will run in them.
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Retirement fund body EPFO made it mandatory for firms to provide their employees' bank account numbers with IFSC code of bank branch to facilitate allotment of universal PF account number and payment to its subscribers.
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