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IFSC Codes for Catholic Syrian Bank

With the onset of electronic fund transfers in Catholic Syrian Bank, IFSC codes came into the picture. The Indian Financial system Code is used to distinguish a branch from all the others branches of all other banks.

IFSC is made up of eleven alphanumeric entries. The bank name is abbreviated in the first four letter. The last six digits specify a branch. These two are set apart by a single zero (0) in the fifth slot.

IFSC helps Catholic Syrian Bank to identify the source branch from where the funds are to be lifted and the destination branch where they are to be deposited. It is helpful in online transactional processes like NEFT, IMPS, and RTGS.

IFSC code is an essential element for internal transfer of money online. However, in case any international parties take part in the transaction, the SWIFT code is applied.