Difference between swift and ifsc code banking awareness

DIFFERENCE BETWEEN SWIFT AND IFSC CODE | BANKING AWARENESS

Basis	SWIFT Code	IFSC Code
Meaning	It provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized and reliable environment.	It is an alphanumeric code that facilitates electronic funds transfer in India.
Full form	SWIFT-Society for Worldwide Interbank Financial Telecommunication	IFSC- Indian Financial System Code
Characters	11 character code The first 4 alphanumeric character represents the name of the bank The next 2 alphanumeric character represents the name of the country The next 2 letters or digits represent the digit code. The last 3 letters or digits represent branch code.	11 character code It is an 11 character code assigned by RBI The first 4 alphabetic characters representing the bank name. The 5^th character is zero and reserved for the future. The last 6 characters representing branch of bank
Code assigned by	ISO - International Organization for Standardization	RBI- Reserve Bank of India
Where to find Code	On bank website	On RBI website