BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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3rd
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7th
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6th
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5th
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Detailed explanation-1: -The fifth digit of every IFSC code of any bank is 0 (zero).
Detailed explanation-2: -In an IFSC code, the first 4 digits of the IFSC represent the bank and last 6 characters represent the branch. The 5th character is zero.
Detailed explanation-3: -The 11 alphanumeric code of IFSC is structured in a pattern where the first four characters representing the name of the bank, while the last six characters represent the branch of the bank. The fifth character is generally 0 (zero) reserved for future utilization.
Detailed explanation-4: -The IFSC is an 11 digit alpha numeric code, with the first four digits identifying the bank, fifth is numeric (kept 0) and the last six digits represent the bank branch.
Detailed explanation-5: -Zero is used as the fifth character of the BOB IFSC code is reserved for future use by the Reserve Bank of India. 3. The last six characters show the unique Bank of Baroda Bank branch code. No two branches of Bank of Baroda Bank can have same IFSC codes.