IFSC Code, MICR Codes for FEDERAL BANK in PUNJAB - MOGA - MOHALI - KHARAR

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


IFSC Code

FDRL0001859

MICR Code

160049011

Branch

KHARAR

Contact

0

Address

DESU MAJRA NH 21 SANT WARYAM SINGH NAGAR WARD NO. 4KHARAR

City

MOHALI

District

MOGA

State

PUNJAB





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

FDRL0001859

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.