Federal Bank, VAIKOM

Here is the IFSC & MICR Codes of Federal Bank, VAIKOM, KOTTAYAM, KERALA. Also get the latest address, contact number of Federal Bank, VAIKOM.

IFSC Code: FDRL0001096
Branch: VAIKOM
Address: P B NO. 7 WEST GATE VAIKOM
Bank Code: FDRL
MICR: 686049602

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Frequently asked questions

What's the IFSC Code of VAIKOM, Federal Bank?: The IFSC Code of VAIKOM, Federal Bank is FDRL0001096.
What's the Address of VAIKOM, Federal Bank?: The Address of VAIKOM, Federal Bank is P B NO. 7 WEST GATE VAIKOM.
What's the MICR Code of VAIKOM, Federal Bank?: The MICR Code of VAIKOM, Federal Bank is 686049602.
What's the District VAIKOM, Federal Bank falls under?: The District VAIKOM, Federal Bank falls under is VAIKOM.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).