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

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


IFSC Code

FDRL0001670

MICR Code

560049021

Branch

BIDADI

Contact

0

Address

SITE NO.342/370 NELLIGUDDA ROAD BANGALORE RURAL DIST

City

BIDADI

District

BANGALORE

State

KARNATAKA





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

FDRL0001670

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.