Federal Bank

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for FEDERAL bank in No. 29, Dr. Nair Road, T Nagar, Chennai, Tamil Nadu is FDRL0001386.

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any Federal Bank account or to any other bank accounts, Here the first 4 alphabets FDRL indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 001386 indicates the particular branch of FEDERAL Bank which is located in No. 29, Dr. Nair Road Chennai, Tamil Nadu.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find FEDERAL bank's IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district -> branch -> to get the IFSC codes or MICR codes for FEDERAL bank. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Federal Bank Branch Details

• Andhra Pradesh

• Assam

• Bihar

• Chandigarh

• Chhattisgarh

• Dadra And Nagar Haveli

• Daman And Diu

• Delhi

• Goa

• Gujarat

• Haryana

• Jammu And Kashmir

• Jharkhand

• Karnataka

• Kerala

• Madhya Pradesh

• Maharashtra

• Meghalaya

• Mizoram

• Nagaland

• Odisha

• Puducherry

• Punjab

• Rajasthan

• Tamil Nadu

• Tripura

• Uttar Pradesh

• Uttarakhand

• West Bengal

About Federal Bank:

FEDERAL bank is one of the biggest commercial bank in private sector which was established on 23 April 1931, In the year 2019-20 FEDERAL bank is one of the leading sponsors of North East United F.C. which is a team in Hero Indian Super League. Currently FEDERAL bank is the fourth largest bank in India in the terms of Capital Structure. In the year 1970 FEDERAL bank officially became Commercial bank and it also coincided with their silver jubilee year which is their 25th year anniversary.

FEDERAL bank has a total of 1200+ branches across the nation and also they've 1900+ ATM's in the whole nation. FEDERAL bank have opened some representative offices in abroad at Abu Dhabi, Qatar, Kuwait, Oman, and Dubai. FEDERAL bank has a remittance arrangements with more than 110 banks and exchange companies across the whole world.

The Subsidiaries of Federal bank are listed as follows:-

• Fedbank Financial Service Limited
• Federal Bank International
• Federal Bank Limited, Asset Management Arm
• Federal Operations and Services Management

Products and services provided by the YES Bank:

Deposit Accounts: There are two types of accounts which can be used in the Federal bank i.e. Savings Account and Current Account.

Loans: There are a total of eight types of loan system which is provided by the Federal Bank i.e. Home loan, Personal loan, Property loan, Car loan, Gold loan, Education loan

Investments: There are two types of investments system in Federal bank which is Fixed deposits and Recurring deposits.

Cards: There are two types of cards which are used in Federal bank i.e. Debit cards and Credit cards.

Banking system:There are four types of Banking service provided in Federal bank i.e. Balance enquiry, Mobile banking, Mini statement, and Customer care services.

The total asset value of Federal Bank is ?1,542.78crores which is 220 million U.S. dollars$

For further details contact or write to Federal bank:
ADDRESS:
Federal Towers,
P B No. 103,Aluva,
Ernakulam,
Kerala 683101,
India.
Contact:- 1800-425-1199/ 1800-420-1199 for customer service. +91-484-2622263 /2623620-29 main office number.