Question

IFSC code consists of how many alphanumeric digits?

• A. 10
• B. 11
• C. 9
• D. 8

Hint:

Remember: IFSC = 11 characters (4 bank + 0 + 6 branch).

Answer 1

The Correct Option is B

IFSC stands for Indian Financial System Code and is an alphanumeric code used to uniquely identify each bank branch in India that participates in online fund transfers.
The IFSC code is always exactly 11 characters long.
The first four characters represent the bank code (for example, HDFC, SBIN, ICIC), while the fifth character is always a zero reserved for future use.
The last six characters identify the specific branch of the bank.
This code is mandatory for NEFT, RTGS, and IMPS transactions to ensure money is routed correctly to the right branch and account.
Therefore, the correct answer is option (B) — IFSC code has 11 alphanumeric digits.