Federal Bank, Ludhiana , Punjab , IFSC and MICR Code

Find IFSC along with MICR code for the Federal Bank Odhav Branch located in Ludhiana district or city, Punjab state. Also, get the addresses and contact numbers.

FEDERAL BANK

Bank

FEDERAL BANK

IFSC Code

FDRL0001372

Micr code 141049002
Branch Ludhiana
Address Ist Fl New Shopping Cen Ghumar Mandi Rd Krishna Ng Civil Lines Ludhiana
Contact 2404249
District Ludhiana

What is FEDERAL BANK IFSC or IFS code

Full form of IFSC is The Indian Financial System Code. IFSC is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate Payment Service (IMPS) systems

What is NEFT in banking

NEFT stands for National Electronic Funds Transfer (NEFT). NEFT in India is an electronic payment system developed by RBI to facilitate the transfer of funds by customers from one bank to another. It is a secure, economical, reliable, and efficient system of money transfer between banks.