IFSC Code, MICR Codes for FEDERAL BANK in KARNATAKA - BANGALORE - BANGALORE - BANGALORE HSR LAYOUT

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


IFSC Code

FDRL0001769

MICR Code

560049024

Branch

BANGALORE HSR LAYOUT

Contact

0

Address

NO.19 15TH CROSS 15TH MAIN SECTOR IV HSR LAYOUT

City

BANGALORE

District

BANGALORE

State

KARNATAKA





What is IFSC Code of FEDERAL BANK situated at BANGALORE HSR LAYOUT- RTGS-HO?
IFSC Code of FEDERAL BANK situated at BANGALORE HSR LAYOUT - RTGS-HO is

FDRL0001769

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.