What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Federal Bank Bangalore J P Nagar Bangalore Branch IFSC/MICR Code Details
Bank Name FEDERAL BANK
Address U.D.N.ALTIUS,NO.13,15TH CROSS,100 FT. RING ROAD,J.P.NAGAR,6TH PHASE,
State KARNATAKA
District BANGALORE
Branch BANGALORE J P NAGAR
IFSC Code FDRL0001827
Branch Code 001827 (Last six characters of IFSC code represent Branch code.)
MICR Code 560049023
Contact Phone 0
via https://bankingzone.in/ifsc

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