IFSC Code, MICR Codes for FEDERAL BANK in DADRA AND NAGAR HAVELI - DADRA AND NAGAR HAVELI - SILVASSA - SILVASSA

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


IFSC Code

FDRL0002042

MICR Code

396029111

Branch

SILVASSA

Contact

0

Address

GROUND FLOORVIJAY BHAVAN COMPLEX NAROLI-SILVASSA MAIN ROAD

City

SILVASSA

District

DADRA AND NAGAR HAVELI

State

DADRA AND NAGAR HAVELI





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

FDRL0002042

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.