IFSC Code, MICR Codes for FEDERAL BANK in KARNATAKA - HOSKOTE - HOSKOTE - HOSKOTE

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


IFSC Code

FDRL0001585

MICR Code

560049017

Branch

HOSKOTE

Contact

0

Address

GANGAMMA GUDI ROAD M V EXTENSION HOSKOTE BANGALORE RURAL

City

HOSKOTE

District

HOSKOTE

State

KARNATAKA





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

FDRL0001585

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.