Decoding the IFSC Code for Dakshin Bihar Gramin Bank in West Bengal: Your Essential Guide

IFSC Code: Definition and Importance in Banking In the banking sector , each transaction is tagged with a distinctive IFSC (Indian Financial System Code), which is vital for electronic fund transfers like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service). This article explores the IFSC code system, highlighting its structure and significance in financial transactions.