It is very easy to get IFSC code. You can get it in few clicks on loanbaba.com through its IFSC code locator tool. You will have to select the name of the bank, state and branch; it will give you the IFSC code along with the full address of the branch. You can get the entire list of IFSC code on RBI’s website for each bank. You can also find it on the bank’s website.
A subsidiary of Reserve Bank of India, Deposit Insurance and Credit Guarantee Corporation was established on July 15th, 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961. The main aim of opening this institution was to provide insurance of deposits as well as to guarantee credit facilities. DICGC insures all kinds of bank deposits including current, fixed, recurring deposits and saving. The maximum amount that can be insured is Rs. 100,000 for each deposit in a bank. Commercial Banks and Cooperative Banks are insured by DICGC. Primary cooperative societies are however not insured by DICGC.