IFSC Code, MICR Codes for FEDERAL BANK in KERALA - THIRUVANANTHAPURAM - PARASSALA - PARASSALA

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


IFSC Code

FDRL0001027

MICR Code

695049302

Branch

PARASSALA

Contact

2202031

Address

PARASSALA PARASSALA PARASSALA

City

PARASSALA

District

THIRUVANANTHAPURAM

State

KERALA





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

FDRL0001027

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.