Federal Bank IFSC Code

federal bank IFSC Code

The Federal bank limited, founded by Late Kulangara Paulo Hormis, is one of the major private sector commercial bank headquartered at Aluva, Kochi, and Kerala.

Earlier, the Federal bank was named as Travancore Federal bank which was incorporated in 1931. However, it gradually transformed into a full-fledged bank under the leadership of its founder K P Hormis. It began its business with a capital of Rs. 5,000. And in today’s time, it is one of the strongest and stable bank banks in the country.

The bank believes in providing their services 24 / 7. And it has branches and ATMs across India in addition to the Representative Office at Abu Dhabi for the NRIs (Non-Residence Indians) in UAE.

Products and Services offered by Federal Bank

At present Federal Bank have over 1247 bank branches and more than 1498 operating ATMs spread across the entire nation. It also offers a wide range of products and services which are as follows:

  1. Federal Bank Credit Cards
    • Federal Bank SBI – VISA Gold ‘N’ More
    • Federal Bank SBI VISA Platinum
    • Credit Card Statement Federal bank sends a monthly combined credit card statement.
  2. Federal Bank Home Loan
    • Federal Housing Loan
    • Purchase of House Plots or lands
    • Housewarming Loans
    • Approved Housing Projects
    • Property Loan
  3. Accounts
    • Salary Accounts
    • Deposits
    • Demat Accounts
    • Priority Banking
    • Savings Account
    • Freedom SB
    • Fed Book Selfie
    • Young Champ
    • Fed Excel
    • SB Plus
    • Mahila Mitra
    • Yuva Mitra
    • Fed Smart
    • Basic Savings Bank Deposit Account (BSBDA)
    • Federal Institutional Savings Account (FISA)
  4. Fixed Deposit Interest Rates
    1. Short-term Fixed Deposit Rates
    2. Medium and long-term Fixed Deposit Rates
    3. Senior Citizen Fixed Deposit Rates
  5. Federal Bank NRI Banking
    • NRE Savings Account
      • FedSelect
      • FedSelect Plus
      • Fed NRI Power
      • Fed NRI Premium
      • Fed NRI Privilege
      • Fed NRI Eve
      • NR Young Champ
      • Fed NRI Care
    • NRO Savings Account
      • Fed NRO Power
      • Fed NRO Premium
      • Fed NRO Privilege
    • NRE Current Account
      • NRO Current Account
      • NRI Fixed Deposits
      • Millionaire Savings Fund
      • FCNR Deposits
      • Federal Rupee Plus
      • Fed Flexi Smart SaverRD
  6. Federal Bank Internet Banking
    • Quick Money Transfer
    • Safe payment of bills
    • Banking available 24/7
    • Banking at the comfort of the home
    • Tax statements can be viewed
    • TDS details can be seen
    • Depository accounts can be managed

IFSC Code of Federal Bank

IFSC Code is an 11-digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.

In IFS Code

  1. First four characters identify the bank name i.e. FDRL
  2. The fifth character is always 0
  3. And the last character represents the branch address i.e. 001680
[The IFS code used in above example is of East Shalimar Bagh, New Delhi i.e., “FDRL0001680”].

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