The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Venmony branch in Alapuzha, Venmony, Kerala, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Federal Bank located in Alapuzha or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001765. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Venmony, Alapuzha
Here are the key points that are associated with the IFSC Code FDRL0001765 of Federal Bank for its branch located in Alapuzha, within the district of Venmony in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001765 |
| Branch | Venmony |
| City | Alapuzha |
| District | Venmony |
| State | Kerala |
| Address | Bldg No.Vp/1/88,Near Marthoma Higher Sec. School,Kalliyathara Junction, Alapuzha Dist. |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Alapuzha for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001765 for the Venmony branch of Federal Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Venmony, Alapuzha, Kerala, is provided with a unique IFSC like FDRL0001765 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Alapuzha.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Alapuzha and Venmony.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Venmony do not get mixed with another location.
Format of the IFSC Code FDRL0001765
The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Venmony in Alapuzha.
For example, the IFSC Code FDRL0001765 of Federal Bank for the Venmony branch has these elements, identifying the bank and the branch location in Alapuzha and Kerala correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001765 of Federal Bank for its Venmony branch located in Alapuzha, the following methods can help:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Alapuzha and Venmony, print them on the first page of your passbook.
Bank Website
Visit the official website of Federal Bank and navigate to the branch locator section. Search for Venmony or Alapuzha to get the exact IFSC Code FDRL0001765.
Mobile Banking App
If you use Federal Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Federal Bank and Alapuzha, you'll get the correct details.
How to Use IFSC Code FDRL0001765 for Online Transfers?
Once you have the IFSC Code FDRL0001765 for the Venmony branch of Federal Bank in Alapuzha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001765. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Federal Bank IFSC Code FDRL0001765.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Venmony in Alapuzha, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Federal Bank in Venmony, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Federal Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Alapuzha manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Venmony Alapuzha branch is FDRL0001765.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Bldg No.Vp/1/88,Near Marthoma Higher Sec. School,Kalliyathara Junction, Alapuzha Dist..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.