FDRL0002503 IFSC Code, FEDERAL BANK, BHILAI

IFSC Code of Federal Bank, Bhilai, Chhattisgarh IFSC CODE & MICR CODE

FEDERAL BANK, BHILAI - FDRL0002503

  • Bank name: FEDERAL BANK

Bank Address: Special Area Development Authority(sada), Dakshin Gangotri, Vyavsayik Bhukand Yojna, Supela Bhilai Nagar, Chhattisgarh - 490023

  • IFSC Code fdrl0002503
  • Bank Code FDRL
  • Bank name FEDERAL BANK
  • Bank contact number +919903678034
  • Bank branch BHILAI
  • Bank ISO3166 Code IN-CT
  • Bank Center BHILAI
  • MICR Code 795259003
  • State name CHHATTISGARH
  • District name BHILAI
  • City name DURG
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for FEDERAL BANK, BHILAI branch is FDRL0002503, ensures that your transactions are directed to the correct branch.

How to Use FDRL0002503 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the BHILAI branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.