IFSC Code, MICR Codes for FEDERAL BANK in KERALA - KOLLAM - KOLLAM - NILAMEL

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


IFSC Code

FDRL0001882

MICR Code

691049007

Branch

NILAMEL

Contact

0

Address

MB TOWER MARKET ROAD NILAMEL

City

KOLLAM

District

KOLLAM

State

KERALA





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

FDRL0001882

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.