When i was new to blogging i don't know how to create favicon for my blog.
At that time i think that may be for blogger it is not possible.It's only possible for websites.
But later i saw many bloggers are using their own favicons for their blogs.
Then i started searching for creating a favicon and i found some information through google.

Now iam going to tell how to create and use favicon in bloggers blog.I think its really amazing for new bloggers.

Follow these steps to create favicon to blogger or website:
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Step 1:- Open IconJ.com website.
Step2:- Browse your image into that website.

Note:- While uploading your image follow these rules.

It must be less than 1mb size.
And the image must be one of the following formats(GIF,JPEG,PNG,BMP,ICO,TIFF).

Step3:-After that click on upload then it iconj.com automatically creates your favicon.ico

Step4:-Then copy the code given by iconj.com and login into your blogger account.

Step:5- Click on Layout->Edit HTML->Click on checkbox (expand widget).

Step6:-Copy the code after the "head" tag.

Step7:-Click on Save Template. Then your FavIcon look like in my blog  softmenu.blogspot.com