๐ข IFSC Structure (11 chars)
Chars 1โ4: Bank code (alpha)
Char 5: Always '0' (reserved)
Chars 6โ11: Branch code
๐ When You Need IFSC
NEFT/RTGS transfers, UPI setup, Salary accounts, Cheque books, Online banking registration, KYC forms
๐ฆ Major Bank Codes
SBIN=SBI โข HDFC=HDFC โข ICIC=ICICI โข PUNB=PNB โข BARB=BoB โข UBIN=Union โข CNRB=Canara โข BKID=BoI
๐ก Transfer Limits
NEFT: No limit, batch โข RTGS: Min โน2L, real-time โข IMPS: Max โน5L, 24ร7 โข UPI: Max โน1L/txn, 24ร7