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IFSC stands for âIndian Financial System Codeâ. If you are in India and wish to transfer money from one bank to another within the country, you can easily do it once you know the IFSC codes of both the banks. IFSC required whether you are using RTGS, NEFT or CEMS, which are different payment systems developed by RBI.
1 The International Fire Code (IFC) is in use or adopted in 42 states, the District of Columbia, NYC, Guam and Puerto Rico. The International Energy Conservation Code (IECC) is in use or adopted in 47 states, the District of Columbia, the U.S. Virgin Islands, NYC and Puerto Rico. 2  The International Plumbing Code (IPC) is in use or adopted in 35 states, the District of Columbia, NYC, Guam, and Puerto Rico.