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 Kannursouth Bazar Kannur Branch IFSC/MICR Code Details
Bank Name FEDERAL BANK
Address P B NO 488 FIRST FLOOR SOUTH BAZAR KANNUR
State KERALA
District KANNUR
Branch KANNURSOUTH BAZAR
IFSC Code FDRL0001461
Branch Code 001461 (Last six characters of IFSC code represent Branch code.)
MICR Code 670049004
Contact Phone 2711986
via https://bankingzone.in/ifsc

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