The Bank Identification Number (BIN) 508594 is issued by FEDERAL BANK in INDIA. This is a RUPAY DEBIT card with PREPAID PLATINUM level.
BIN (Bank Identification Number), also known as IIN (Issuer Identification Number), refers to the first 6 digits of a payment card number. These digits identify the card-issuing institution, card type, and other attributes used for routing and fraud prevention.
By looking up BIN 508594, you can determine: the card network (RUPAY), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PREPAID PLATINUM), the issuing bank (FEDERAL BANK), and the country of issuance (INDIA). This information is useful for payment processors, merchants, and fraud prevention systems.