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The Indian Financial System Code (IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems.
It allows users to pay through Aadhaar number, UPI payment address or through account number and IFSC code thus, minimizing the need to pay using debit and credit cards which are, supposedly, less secure than BharatQR. [3] The system also supports Dynamic QR code generation which eliminates the need to enter the amount for payment. [4]
In December 2015 the first International Financial Services Centre (IFSC) in India was set up in Gujarat International Finance Tec-City (GIFT City). [5] In 2019 the Government of India enacted an Act of Parliament called the International Financial Services Centres Authority Act, 2019. [6] [7] [5]
National Electronic Funds Transfer (NEFT) is an electronic funds transfer system maintained by the Reserve Bank of India (RBI). Started in November 2005, the setup was established and maintained by Institute for Development and Research in Banking Technology. [1]
The Gill Kalan Pin code is 151103 and postal head office is Rampura Phul. Burj Mansa (1 km), Chotian (4 km), Bugran (4 km), Pitho (4 km), Jethuke (4 km) are the nearby villages to Gill Kalan. Gill Kalan is surrounded by Phul Tehsil towards the north, Nathana Tehsil towards the west, Sehna Tehsil towards the north, and Maur Tehsil towards the south.
The GIFT International Financial Services Centre (GIFT IFSC) is a financial centre and special economic zone in Gujarat International Finance Tec-City (GIFT City) covering 106 ha (261 acres) established in April 2015 as a financial hub to provide world-class infrastructure and services for financial institutions and companies operating in areas such as banking, insurance, capital markets, and ...
Indian Bank, Jagannath Prasad (IFSC Code : IDIB000J001 , MICR Code: 761019009) State Bank Of India, Jagannath Prasad (IFSC Code : SBIN0012113 , MICR Code: 760002508) Utkal Grameen Bank, Jagannath Prasad (IFSC Code : SBIN0RRUKGB) The Aska Coop Central Bank Limited (IFSC Code : UTIB0SASKAC)
IFSC may refer to: Indian Financial System Code; International Federation of Sport Climbing; International Financial Services Centre (disambiguation), several financial areas; International Financial Services Centre, GIFT City Financial Centre in India