Federal Bank IFSC Code FDRL0000516

Federal Bank – HYDERABAD / SERVICE BRANCH

IFSC Code: FDRL0000516

MICR Code: 500049001

Branch: HYDERABAD / SERVICE BRANCH

Bank: Federal Bank

Address: UNIT NO.301, III FLOOR DEGA TOWERS,RAJBHAVAN SOMAJIGUDA, BEGMPET, HYDERABAD

District: HYDERABAD

State: TELANGANA

Contact:

Indian Financial System Code (IFSC): FDRL0000516

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 000516. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500049001

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.