Federal Bank IFSC Code FDRL0001408

Federal Bank – CHENNAI / ASSET RECOVERY

IFSC Code: FDRL0001408

MICR Code: 600049021

Branch: CHENNAI / ASSET RECOVERY

Bank: Federal Bank

Address: ASSET RECOVERY BRANCH 1ST FL NO.57 ROYAPETTAH HG RD ROYAPETTAH CHN

District: CHENNAI

State: TAMIL NADU

Contact: 28130988

Indian Financial System Code (IFSC): FDRL0001408

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 001408. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 600049021

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.