GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Expand IFSC ____
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Interbank Fund Service Code
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Indian Financial System Code
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Indian Financial Services Code
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International Financial Service Code
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Explanation:
Detailed explanation-1: -What is the full form of IFSC? The full form of IFSC is the Indian Financial System Code. IFSC code is an alphanumeric code of 11 characters, which helps to smooth the progress of electronic payments in India. For every bank in India, it can be used to identify and classify each branch.
Detailed explanation-2: -The IFSC code (Indian Financial System Code) STBP0000783 is an alphanumeric code that uniquely identifies the bank branch Tirupur, COIMBOTORE, TAMIL NADU. The IFSC code STBP0000783 is used in Electronic Funds Settlement Systems: RTGS or NEFT.
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