Found 2 Articles for Bankservices

What is IFSC? The full form of IFSC is the Indian Financial System Code. The code consists of 11 characters. Which include letters and numbers. The code is used to identify bank branches when money has to be transferred through NEFT and RTGS. Here NEFT stands for National Electronic Funds Transfer and RTGS stands for Real-Time Gross Settlement. RBI also uses the code to identify the electronic transfer of money. How does IFSC Work? IFSC code consists of 11 characters and it is used to transfer money through NEFT and RTGS. The first four characters of IFSC denote the bank ... Read More

What is HDFC? HDFC can be expanded as Housing Development Finance Corporation. HDFC has been providing its services for the last four decades and has an association with the Indian housing sector. Mr. H. T. Parekh is the founder of the organization and has the aim of serving the customer first. The organization has interconnected offices all over India. Products and Services of HDFC HDFC provides many products and services to its customers and some of them are as follows− Loans for purchasing and constructing a house Loans for the purchase of land Loans for home improvement Loans for ... Read More