XYZA IFSC Codes
Let us understand what is IFSC. IFSC stands for Indian Financial System Code. It is an alphanumeric code assigned to each bank branch and is essential for electronic fund transfers such as NEFT, RTGS and IMPS.
XYZA IFSC code consists of 11 characters. The first four letters represent the bank code (XYZA), the fifth character is always 0, followed by six digits that identify the specific branch.
Example IFSC code: XYZA0000001
XYZA IFSC Code Search
Some easy and quick ways to find the IFSC code of your XYZA branch are:
- On the front page of your bank passbook
- On your cheque book
- Using an online IFSC code finder
An IFSC code is mandatory for transferring money via NEFT, RTGS and IMPS. Without the IFSC code, fund transfers cannot be completed.
Information Required for Fund Transfer
- Amount of remittance
- Sender’s bank account number
- Receiver’s full name
- Receiver’s bank name
- Receiver’s account number
- Receiver’s bank branch IFSC code
Steps to Open XYZA Account
Customers can open savings or current accounts with XYZA for personal or business purposes. The general eligibility criteria are:
- The applicant must be an Indian citizen
- Minimum age should be 18 years
- Minors can open accounts through guardians
- Valid government-approved ID and address proof
- Initial deposit as per account type
Documents required for account opening:
- Aadhaar Card / Passport / Driving License / Voter ID
- Proof of address
- PAN Card or Form 16
- Recent passport size photographs