What is IFSC code Federal bank?

What is IFSC code Federal bank?

The Indian Financial System Code (or IFSC) is an 11-digit alpha-numeric code assigned by the Reserve Bank of India to identify every bank branch participating in the payment system uniquely. This code is used by electronic payment system applications such as RTGS, and NEFT.

How can I know my federal bank IFSC code?

Where can I find the IFSC code of a Federal Bank branch?

  1. On your Federal Bank cheque book and passbook. Your bank branchs IFSC Code is always printed on your passbook and cheque book.
  2. On Federal Bank Official Webpage.
  3. On the RBI website.
  4. On the Internet.

What is Swift Code of Federal bank?

Federal Bank’s SWIFT Code – FDRLINBBIBD.

What is MICR No in bank?

MICR code is a code printed on cheques using MICR (Magnetic Ink Character Recognition technology). This enables identification of the cheques and which in turns means faster processing. An MICR code is a 9-digit code that uniquely identifies the bank and branch participating in an Electronic Clearing System (ECS).

Is Federal bank government or private?

Federal Bank Limited is a major Indian commercial bank in the private sector having 1200+ branches and 1900+ ATMs/Recyclers spread across different states in India.

How do I transfer in Swift?

Quick Summary: SWIFT money transfers

  1. To make a SWIFT transfer, you can use a bank or money transfer specialist.
  2. A SWIFT payment can take anywhere between 1-4 working days.
  3. Banks typically cost more for SWIFT transfers. Don’t be afraid to get an alternative quote.
  4. Make sure you use a company Authorised by the FCA.

What is routing number of federal bank?

Saudi Riyal – Al Rajhi Banking and Investment Corporation, Riyadh

Currency SAR
SWIFT Code of Federal Bank’s Correspondent RJHISARI
A/C. Number (Federal Bank’s a/c with Correspondent) SA4880000100608010034736
Routing Number SA4880000100608010034736

Is Federal Bank is safe?

Stress book to average assets of Federal Bank has come down from 1.96 per cent in third quarter of 2018-19 to 1.59 per cent in the same quarter this fiscal. “These figures show that the asset quality of the bank is safe and healthy.

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