State wise list of Federal Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
or Choose State from list below
With the advent of wireless money transfers, sending cash electronically can be done at the click of a few buttons. Customers can avail of the NEFT (National Electronic Funds Transfer) or the RTGS (Real Time Gross Settlement) services provided by Federal Bank to send cash through a secure and hassle-free medium. When using either of these services, customers would have to input a unique code, referred to as an IFSC code, of the receiver’s bank for the payment to be processed. A service introduced by the Reserve Bank of India, this code is issued to all banks in the NEFT network. The purpose of the code is to regulate transfer of funds and identify both the source as well as the destination banks in the transactions.
IFSC codes are alphanumeric, which means they consist of both alphabets as well as numbers. They have 11 characters, the first four of which are the bank’s name. The next character is always zero, and it is left for later use. The last six characters denote the specific branch, with these characters being numeric. Each bank branch has its own unique IFSC code. For example, the IFSC code for a Federal Bank branch in Indiranagar in Bangalore city is FDRL0001535. Here, the first four characters ‘FDRL’ represent the name of the bank, the fifth character is zero, while the last six characters ‘001535’ represent the Indiranagar branch, which is located in Bangalore, Karnataka.
You can find a bank branch’s IFSC code on the Federal Bank website. The code will also be printed on the cheque books issued by the particular bank branch. You can also find the IFSC code on websites like BankBazaar. Simply go to the BankBazaar homepage, click on ‘IFSC Code’ at the bottom of the page, and input the bank name, district, state and branch in the columns provided. The particular branch’s IFSC and MICR codes would be generated instantly, along with other contact information like the branch’s address and phone number.
It is extremely easy and convenient to transfer funds using NEFT & RGTS. These services make transfer of funds a quick and seamless process. Given below are the ways you can use these services.
NEFT (National Electronic Funds Transfer):
The NEFT facility is available at Federal Bank from Monday to Saturday on an hourly basis during business hours. You can also use this facility through FedNet, Federal Bank’s online banking service from 8:00 am to 6:30 pm. However this service will not be available on the 2ndand 4thSaturdays of every month.
NEFT is an efficient and safe way to transfer funds with the added advantage of the transfers being cleared on the same day. In case of a bank holiday, the funds would be transferred on the next working day. There is also no limit on the amount of money you can transfer at a given time. This makes NEFT a favoured method of fund transfer nowadays.
Federal Bank charges a fixed amount for this service, with the details mentioned below:
The above rates are not inclusive of service tax.
RTGS (Real Time Gross Settlement):
The RTGS service allows fund transfers from one bank to another electronically. This facility allows for quick and safe online money transfer to the receiver’s account. Transfers made using this facility are irrevocable and final. RTGS transfers are made in ‘real time’, which implies the money is transferred immediately. In case of multiple transactions, each transaction will be processed separately.
Electronic fund transfers through RTGS have a minimum transfer amount of Rs. 2 lakh and no maximum amount. Federal Bank provides RTGS services from Monday to Saturday during banking hours at its branches. You can also avail this facility using FedNet from 8:00 am to 4:30 pm. Given below are the charges for this facility:
The above rates are exclusive of service tax.
The Federal Bank, originally known as the Travancore Federal Bank, is a private commercial bank headquartered in Kochi, Kerala. The bank was established in the year 1931 as the Travancore Federal Bank. In 1947 the bank became known as Federal Bank and it currently has over 1250 branches spread across a majority of states in India. It has recently started operations in the United Arab Emirates. The bank offers its customers the best in banking services, providing loans, lockers, deposits and fund transfer facilities, in addition to many other services. Federal Bank was the first Indian bank to offer an electronic passbook to its customers, which was accessible through their mobile app, FedBook. They are pioneers in digital banking services in India, launching an app for account opening as well as a chat facility for its customers.
The Financial Express ‘FE Best Bank award’ under the category ‘Old Private Sector Bank for the year 2014-15’ has been won by Federal Bank.
While the net profit of the bank was Rs. 141.39 crore at the end of the first quarter of 2015, it increased to Rs. 167.31 crore this year, registering an 18.33% hike. The total income of the bank also saw a rise of 6.82%, from Rs. 2107.09 crore last year to Rs. 2250.81 crore in the first quarter of 2016.
The bank’s gross NPA for the first quarter this year increased to 2.92%, in comparison to 2.59% last year.
7th September, 2016
Federal Bank has launched Digital Personal Loans, third among the bank’s Be Your Own Master digital retail loans series. This facility will allow customers to get instant access to personal loans without the hassles of visiting the bank or going through paperwork.
The bank has confirmed that customers can log in to the website and receive personal loans in a matter of minutes. The facility is also available 24 hours a day, and does not require any manual signature from the customer.
K A Babu, head of Digital Banking stated that the first phase of the launch will be the rollout of the product to select customers in India. In the next phase, it will be available to all customers on mobile and ATM platforms. He also added that the bank is targeting to increase their digital penetration growth from 75% to 200% annually.
7th September, 2016
Federal Bank, the Kerala based private sector lender has just launched ‘Lotza’. This app is their UPI application or Unified Payments Interface and has just been launched on Google Play Store. The main feature of this app is that it combines the benefits of various bank accounts into one app.
Lotza is designed to provide seamless integration among different bank accounts into one app thus providing a secure and convenient way of carrying out financial transactions on a single app. The app offers virtual IDs to beneficiaries without sharing account numbers and eliminates the need to memorize various account numbers and login credentials.
26th August 2016
Most of the big banks these days are anxious to clean up their balance sheets owing to certain recent not-so-favourable incidents. But Federal Bank based in South India spotted an excellent business possibility here and look for at least 15 to 20 percent credit growth. This was affirmed in the bank’s CEO and MD, Mr. Shyam Srinivasan’s statement to the media. In a bold step to clear bank's books, the RBI has requested all banks to recognize some huge accounts which are under terrible stress, categorize them as NPA and create sufficient provision accordingly. The bank has as many as 1250 branches to its credit. And 660 out of this is outside Kerala, where it is headquartered. Federal Bank has always been top of its game when it comes to electronic banking modes NEFT and RTGS (instant money transfer using specific IFSC Code).
6th May 2016
Inspired by positive feedbacks from clients for its digital banking ingenuities, Federal Bank is planning for a giant leap in this sector. Only in the previous year the lender has recorded a whopping 72 million fund transfers (including electronic transactions using IFSC Code) on alternate channels and it intends to jump over 100 million by adding further digital channels and disbursement choices as told to the press by its Digital Banking Head, Mr. K A Babu. Of the overall banking transactions, the business impact from the digital portal was around 60 percent and the objective is to augment it to 70 percent this fiscal. FedNet, the bank’s Internet Banking platform has recorded a 50 percent growth last fiscal with the business value that exceeded more than the monthly figure of INR 2800.
2nd March 2016
Federal Bank customers can now transfer funds by giving a missed call to the number dedicated for this purpose. In order to be able to use this easy method of fund transfer, a Federal Bank account holder has to make a one-time registration for this service by using their registered mobile number to send an SMS to the Bank in the prescribed format. Using this method, even beneficiaries who have accounts in other banks, can transfer funds. Once a fund transfer is initiated through missed call, the amount is credited instantly to the beneficiary’s account.
18th January 2016
IBM has signed a contract for an unrevealed sum with Federal Bank to deliver a security layer on the Kochi-based bank’s mobile app which will also caution the customers in case they try a fund transaction over an unsafe system or via an infected device. The app, known as FedMobile, which can be utilized to transferring money online using IFSC Code, handle utility bill disbursements and make use of amenities such as top-up or recharge of mobile phones and paying educational fees, was made on IBM's MobileFirst portal. Within the mobile network system, it can be seen that the customer machines were the point of cooperation and these had to be protected to accomplish clientele trust. IBM's Trusteer Mobile solution enabled us to put a halt to these attacks from coming in from unsafe customer device. Federal Bank, like most other lenders, identifies that even if their mobile banking systems are absolutely secure, the compromising weak link in the chain can be the end of it all.
8th January 2016
Federal Bank has signed a partnership with Edelweiss Integrated Commodity Management Limited (EICML) for spreading security/ warranty managing in product funding. This association is anticipated to profit those in the agrarian sector, retailers and processors who are in need of capitals, against the pledging of commodities rather than selling them at reduced prices. EICML is one of the premier collateral management service givers with an all-India network. A Memorandum of Understanding was signed by Mr. Antu Joseph, the General Manager (Handling Products) of Federal Bank and Mr. Shekar Subramaniam, the Vice President of Edelweiss Group at an event conducted at Federal Bank office located in Mumbai. The customer can easily transact money online via NEFT and RTGS using IFSC Code.
26th December 2015
Federal Bank has set eyes on the digital banking space and is all set to market its account opening application, FedBook Selfie. To reach out to its audience comprising of a digital crowd, the bank has taken a route of social, search and media. Federal Bank is also enthusiastically reaching out customers on social media and is engaging in conversations with prospective customers. To spread Word of Mouth (WoM), Federal bank has also associated with Twitter influencers. The bank is also promoting exclusive digital films and the app primarily focusses on the selfie and DIY concepts.
A trailblazer in banking technology, Federal Bank also offers net banking facilities to its customers where they can perform banking operations from the comfort of their home. Customers can also transfer funds to a beneficiary account by mentioning details like the IFSC code, beneficiary’s account number and name through the Federal Bank web portal.
14th December 2015
Federal Bank has introduced the country’s first mobile app to start a bank account, concurrently in Mumbai and Cochin. This cell-phone-based account starting feature is a latest version to FedBook, an e-passbook app, which was introduced less than a couple of years back. If you have an Aadhaar card and PAN card, linked to your account, the account can be opened soon.
The new account can also be financed with a primary transmittal of more than INR 10,000. To commence your account activities, download the FedBook on your phone and do two simple steps- a) click a selfie & b) scan your Aadhaar and PAN cards. This App substantiates the Aadhaar card too. After the account is started, the app goes itself into the digital passbook for the client.
2nd December 2015
|• Federal Bank Hyderabad Banjara Hills Branch||• Federal Bank Hyderabad Punjagutta Branch||• Federal Bank New Delhi Nehru Place Branch|
|• Federal Bank Surat Adajan Branch||• Federal Bank Bangalore Indiranagar Branch||• Federal Bank Bangalore K R Puram Branch|
|• Federal Bank Bangalore St Marks Road Branch||• Federal Bank Mararikulam Branch||• Federal Bank Head Office Has Branch|
|• Federal Bank Cheranalloor Branch||• Federal Bank Ernakulam Marine Drive Branch||• Federal Bank Kizhakkambalam Branch|
|• Federal Bank Pukkattupady Branch||• Federal Bank Puthuvype Branch||• Federal Bank Thiruvankulam Branch|
|• Federal Bank Chakkarakkal Branch||• Federal Bank Kannur Branch||• Federal Bank International Banking Department Branch|
|• Federal Bank Pampady Branch||• Federal Bank Uzhavoor Branch||• Federal Bank Nadakkavu West Branch|
|• Federal Bank Angadipuram Branch||• Federal Bank Edakkara Branch||• Federal Bank Edavannappara Branch|
|• Federal Bank Thenhipalam Branch||• Federal Bank Muvattupuzha Branch||• Federal Bank Kulappully Branch|
|• Federal Bank Thekkemala Branch||• Federal Bank Thalassery Branch||• Federal Bank Kanjani Branch|
|• Federal Bank Vadakkekkad Branch||• Federal Bank Vaikom Branch||• Federal Bank Padinjarathara Branch|
|• Federal Bank Sulthanbathery Branch||• Federal Bank Indore Branch||• Federal Bank Indore Vijayanagar Branch|
|• Federal Bank Ichalkarinji Branch||• Federal Bank Sangli City Branch||• Federal Bank Bhiwadi Branch|
|• Federal Bank Chennai Rm Nagar Branch||• Federal Bank Coimbatore Ssi Branch||• Federal Bank Poonamallee Branch|
|• Federal Bank Thisayanvilai Branch||• Federal Bank Tiruppur Avinashi Road Branch||• Federal Bank Tirupur Industrial Finance Branch|
|• Federal Bank Ghaziabad Vaishali Branch||• Federal Bank Lucknow Branch||• Federal Bank Kolkata Park Circus Branch|
|• Federal Bank Siliguri Branch||• Federal Bank Manjeri Branch|