IFSC Code, MICR Codes for FEDERAL BANK in PUNJAB - AMRITSAR - AMRITSAR - AMRITSAR

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


IFSC Code

FDRL0001533

MICR Code

143049002

Branch

AMRITSAR

Contact

0

Address

39COURT ROAD AMRITSAR

City

AMRITSAR

District

AMRITSAR

State

PUNJAB





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

FDRL0001533

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.