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

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


IFSC Code

FDRL0001994

MICR Code

NA

Branch

NAWANSHAHR

Contact

0

Address

CORPORATE PARK GROUND FLOOR BANGA ROAD

City

NAWANSHAHR

District

NAWANSHAHR

State

PUNJAB





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

FDRL0001994

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.