IFSC Code, MICR Codes for FEDERAL BANK in GUJARAT - SURAT - PALSANA - PALSANA

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


IFSC Code

FDRL0001866

MICR Code

395049004

Branch

PALSANA

Contact

0

Address

SHOP NOS 23 TO 31 GROUND FLOOR RAJ COMPLEX PALSANA CHOKDI

City

PALSANA

District

SURAT

State

GUJARAT





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

FDRL0001866

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.