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

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


IFSC Code

FDRL0001553

MICR Code

560049013

Branch

NELAMANGALA

Contact

0

Address

SITE NO:2667/3388 PARAMANNA LAYOUT B H ROAD BANGALORE RURAL

City

NELAMANGALA

District

BANGALORE

State

KARNATAKA





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

FDRL0001553

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.