Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Federal Bank for its Sankhapur branch in Angul, Angul, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Federal Bank located in Angul or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0002269. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Sankhapur, Angul
Here are the main details that are associated with the IFSC Code FDRL0002269 of Federal Bank for its branch located in Angul, within the district of Angul in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002269 |
| Branch | Sankhapur |
| City | Angul |
| District | Angul |
| State | Odisha |
| Address | Via Ips Bantala, Sankhapur Post, Angul Block , Angul , Orrisa, 759129 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Angul for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002269 for the Sankhapur branch of Federal Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Sankhapur, Angul, Odisha, is provided a unique IFSC like FDRL0002269 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Angul.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Angul and Angul.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Sankhapur do not get misguided to another person.
Format of the IFSC Code FDRL0002269
The format of the IFSC Code for banks, including Federal Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Federal Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sankhapur in Angul.
For example, the IFSC Code FDRL0002269 of Federal Bank for the Sankhapur branch includes these elements, identifying the bank and the branch location in Angul and Odisha correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002269 of Federal Bank for its Sankhapur branch located in Angul, the following methods can help:
Cheque Book
The cheque books that are issued by Federal Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Federal Bank branches in Angul and Angul, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Federal Bank and find the branch locator section. Search for Sankhapur or Angul to get the exact IFSC Code FDRL0002269.
Mobile Banking App
If you use Federal Bank's mobile app, you can easily 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 to help you in searching for Federal Bank and Angul that will provide accurate information.
How to Use IFSC Code FDRL0002269 for Online Transfers?
Once you have the IFSC Code FDRL0002269 for the Sankhapur branch of Federal Bank in Angul, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002269. 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 FDRL0002269.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Sankhapur in Angul may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Sankhapur, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Angul manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002269.
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 Via Ips Bantala, Sankhapur Post, Angul Block , Angul , Orrisa, 759129 located in Angul, Angul, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.