IFSC Code, MICR Codes for FEDERAL BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - HYDERABAD

FEDERAL BANK RTGS HO Branch in HYDERABAD - Address, IFSC, MICR Code


IFSC Code

FDRL0001124

MICR Code

500049002

Branch

HYDERABAD

Contact

0

Address

P O BOX 230 BLDG NO-4-3-389 TO 392411422 OPPOSITE SURABHI COMPLEX BANK STREET

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of FEDERAL BANK situated at HYDERABAD- RTGS-HO?
IFSC Code of FEDERAL BANK situated at HYDERABAD - RTGS-HO is

FDRL0001124

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.