Pragathi Krishna Gramin Bank-pragathi-krishna-gramin-bank-ifsc-code

The Indian Financial System Code or the IFSC code is a sequence allotted by the Reserve Bank of India. This unique code help identify the bank and the particular branch that participates in an electronic fund transfer. IFSC Code- An explanation The Code has eleven characters that are a combination of alphabets and the numbers. The last few numerical characters represent the branch code. The first five characters represent the bank code. The code varies from a branch to branch, though it is of the same bank. The IFSC code is used for the following kinds of fund transfer: NEFT or National Electronic Fund Transfer RTGS or Real Time Gross Settlement IMPS or Immediate Payment Service