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Federal Bank IFSC Code Salem Branch, MICR code, Address

IFSC Code of Federal Bank SALEM, MICR Code of Federal Bank SALEM

Get IFSC Code and MICR code of Federal Bank, Salem, Tamil Nadu branch in Salem city along with the address

Bank Federal Bank
IFSC Code FDRL0001287 (for money transfer by NEFT, RTGS and IMPS)
MICR Code 636049002
Address , DEEPAM COMPLEX, NEAR LF HR.SEC.SCHOOL, FOUR ROADS, SALEM, 636 007, TAMILNADU
Branch SALEM
City Salem
District Salem
State Tamil Nadu
Personal Loan
@ 10.99%*
Home Loan
@ 8.35%*
Gold Loan
@ 10.50%*
Business Loan
@ 13.50%*
Loan Against Property
@ 8.50%*
Earn 7%* On
Savings Account
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Federal Bank Interest Rates in SALEM, Salem

Interest Rates*
Federal Bank MCLR Base Rate 8.60% - 8.90% Past Trend
Federal Bank Loan Against Property 11.65% - 14.90% Floating Get Details
Federal Bank Personal Loan 13.32% - 15.12% Get Details
Federal Bank Gold Loan 11.75% - 13.50% Get Details
Federal Bank Car Loan 9.92% - 10.52% Get Details
Federal Bank FD Interest Rate 3.50% - 7.00% Get Details
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Other Federal Bank Branches in Salem

Salem Ifsc Code
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Federal Bank News - Sep 2017
  • 2017-06-13 : Federal Bank projects a loan growth of 20 per cent during FY17
    Leading private sector lender, Federal Bank is expecting a loan growth of 20 per cent during FY17. The bank has notified that it has successfully handled its rising bad loans and non performing assets (NPAs) during the current fiscal and it is further aiming to achieve strong growth in its retail segment and priority sector lendings in the coming months.
  • 2017-05-23 : Federal Bank launches new trading platform
    Federal Bank has announced to launch a new trading platform, “selfie” for its customers in association with Geojit, a retail financial services company. The newly launched trading platform will enable its users to trade directly from the advanced charting platform and have control over their investments. Currently, the trading platform is available only to the android and IOS users.
  • 2017-04-18 : Federal Bank’s IFSC business crossed $200 million
    Federal Bank, one of the India’s leading private banks has said it has crossed the $200-million mark in total business at its IFSC Banking Unit (IBU) in GIFT (Gujarat International Finance Tec) City. The bank’s IFSC unit offers various financial services such as funded and non-funded facilities to overseas operations, extending loans to overseas business ventures of NRIs and trade finance solutions to the Indian clients.
  • 2017-04-13 : IFC to provide $100 million loan to Federal Bank
    The World Bank’s private-sector investment arm, International Finance Corporation plans to provide a loan of $100 million to Federal Bank Ltd. This will be used to fund its branch at the International Financial Services Centre in Gift City, Gujarat. In a disclosure, IFC said that this funding support will help the bank’s clients in growing the business and the initiative of the GIFT City for creating 500,000 jobs by 2020.
  • 2017-03-03 : Federal Bank adds new features to its mobile banking application
    Kerala based Federal Bank has upgraded its mobile banking application with new features. Customers can now open term deposits, recurring deposits and tax saving deposits via mobile baking application. The update also includes the facility such as hotel and bus booking and digital payments for various utilities including insurance, mutual funds, donations etc. The updated features can be used by both resident and NRI customers of the bank.
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