Web4 apr. 2024 · There are two main types of bank accounts: chequing accounts and savings accounts. But among these, there are several variations, such as business or student … WebThe fifth character, which is always '0,' is common for all banks operating in India. The last 6 digits (123456) represent the branch code for the bank. Each bank branch has its unique number. Key Features of IFSC Code . Some key features of the bank's IFSC code are as follows: It helps in identifying a specific branch of the bank.
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