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 Bhiwadi Alwar Branch IFSC/MICR Code Details
Bank Name FEDERAL BANK
Address SHOP NOS.A-12 & 13, BHAGAT SING COLONY ALWAR BYPASS ROAD, BHIWADI, ALWAR (DIST)
State RAJASTHAN
District ALWAR
Branch BHIWADI
IFSC Code FDRL0001958
Branch Code 001958 (Last six characters of IFSC code represent Branch code.)
MICR Code 301049001
Contact Phone 0
via https://bankingzone.in/ifsc

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