FEDERAL BANK IFSC Code – PARASSALA, PARASSALA
Complete bank details including IFSC code, MICR code, address and payment facilities for PARASSALA branch.
Bank Details
| Bank Name | FEDERAL BANK |
| Branch Name | PARASSALA |
| IFSC Code | FDRL0001027 |
| MICR Code | 695049302 |
| Address | PARASSALA PARASSALA PARASSALA |
| City | PARASSALA |
| District | THIRUVANANTHAPURAM |
| State | KERALA |
| Contact | 2202031 |
Payment Facilities
About IFSC Code FDRL0001027
The IFSC code FDRL0001027 uniquely identifies the PARASSALA branch of FEDERAL BANK located in PARASSALA, KERALA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code FDRL0001027
- First 4 characters (FDRL) – Represents FEDERAL BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (001027) – Unique branch identifier for PARASSALA
How to Use IFSC Code FDRL0001027
To transfer money to any account at FEDERAL BANK PARASSALA branch, you will need to provide the IFSC code FDRL0001027 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at PARASSALA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About FEDERAL BANK PARASSALA Branch
FEDERAL BANK PARASSALA is a branch of FEDERAL BANK located in PARASSALA, KERALA. The branch provides comprehensive banking services to customers in PARASSALA and surrounding areas.
Branch Address
PARASSALA PARASSALA PARASSALA, PARASSALA, KERALA
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 695049302. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of FEDERAL BANK PARASSALA?
The IFSC code of FEDERAL BANK PARASSALA branch in PARASSALA is FDRL0001027.
What is the MICR code of FEDERAL BANK PARASSALA?
The MICR code of FEDERAL BANK PARASSALA branch is 695049302.
What is the address of FEDERAL BANK PARASSALA?
FEDERAL BANK PARASSALA branch is located at PARASSALA PARASSALA PARASSALA.
Does FEDERAL BANK PARASSALA support NEFT/RTGS/IMPS?
FEDERAL BANK PARASSALA branch supports NEFT, RTGS, IMPS, and UPI transactions.