IFSC Code, MICR Codes for FEDERAL BANK in KARNATAKA - KANNADA - MOODABIDRI - MOODABIDRI

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


IFSC Code

FDRL0001962

MICR Code

575049005

Branch

MOODABIDRI

Contact

0

Address

NEXT TO HOTEL PANCHARATNA BUILDING D. KANNADA DISTRICT

City

MOODABIDRI

District

KANNADA

State

KARNATAKA





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

FDRL0001962

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.