There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Anand branch in Anand, Anand, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Anand or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code FDRL0001665. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Anand, Anand
Here are the main details that are associated with the IFSC Code FDRL0001665 of Federal Bank for its branch located in Anand, within the district of Anand in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001665 |
| Branch | Anand |
| City | Anand |
| District | Anand |
| State | Gujarat |
| Address | Shop No.G3 And G4, Maruti Sumiran, Opp.Nand Bhoomi, Vidyanagar Road, Anand Dist. |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Anand for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001665 for the Anand branch of Federal Bank is vital.
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 Anand, Anand, Gujarat, is provided with a unique IFSC like FDRL0001665 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Anand.
- 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 Anand and Anand.
- 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Anand do not get mixed with another location.
Format of the IFSC Code FDRL0001665
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 Anand in Anand.
For example, the IFSC Code FDRL0001665 of Federal Bank for the Anand branch has these elements, identifying the bank and the branch location in Anand and Gujarat correctly.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0001665 of Federal Bank for its Anand branch located in Anand, the following methods can help you out:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Federal Bank branches in Anand and Anand, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Federal Bank and go to the branch locator section. Then search for Anand or Anand to find the exact IFSC Code FDRL0001665.
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 maintains an updated database of all IFSC codes. Searching for Federal Bank and Anand will provide accurate information.
How to Use IFSC Code FDRL0001665 for Online Transfers?
Once you have the IFSC Code FDRL0001665 for the Anand branch of Federal Bank in Anand, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001665. Transfers are processed in batches. This is suitable for 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 FDRL0001665.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Anand in Anand may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Federal Bank in Anand, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Federal Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Anand manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001665.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.G3 And G4, Maruti Sumiran, Opp.Nand Bhoomi, Vidyanagar Road, Anand Dist. located in Anand, Anand, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.