India Post Payments Bank IFSC or Indian Financial System Code is an 11-character alphanumeric code allocated by the Reserve Bank of India to all the banks and their respective branches. The IFSC Code, in particular, provides a unique identity to all the branches. The use of IFSC Code is mandatory in carrying out electronic or online funds transfer system via NEFT, RTGS or IMPS.
Format of India Post Payments Bank IFSC Code
In the 11-digit IFSC Code, the first 4 characters. Represent the bank code, the 5th character is a ‘0’ and the last 6 characters. Represent the specific branch code. Have a look at the below-mentioned example of India Post Payments Bank IFSC Code, Delhi.
| I | P | O | S | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
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