It is very important to have the correct IFSC code of the bank and branch before initiating an online transfer of funds through NEFT, RTGS or IMPS. Though banks have a system of verifying the IFSC code, any mismatch results in a failed transaction. HSBC Bank IFSC code is an 11 character alpha-numeric code wherein the first four digits “HSBC” is name of the Bank. The 5th digit is “zero” earmarked for future use. The last 6 digits is the unique Hong Kong and Shanghai Banking Corporation branch code representing the particular area or State where the bank’s branch is located.