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 Tulasipal 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 FDRL0002270. 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, Tulasipal, Angul
Below in the table are the key details related to IFSC Code FDRL0002270 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 | FDRL0002270 |
| Branch | Tulasipal |
| City | Angul |
| District | Angul |
| State | Odisha |
| Address | At Po Tulasipal Ts Banarpala Angul Orrisa 759128 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Angul for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002270 for the Tulasipal 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002270 is given to every bank branch, including Federal Bank located in Tulasipal, Angul, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Angul.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Angul and Angul.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Tulasipal doesn't end up at another location.
Format of the IFSC Code FDRL0002270
This is the format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Tulasipal in Angul.
For example, the IFSC Code FDRL0002270 of Federal Bank for the Tulasipal branch includes these elements, identifying the bank and the branch location in Angul and Odisha accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002270 of Federal Bank for its Tulasipal 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 Tulasipal or Angul to get the exact IFSC Code FDRL0002270.
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 FDRL0002270 for Online Transfers?
Once you have the IFSC Code FDRL0002270 for the Tulasipal branch of Federal Bank in Angul, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002270. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Federal Bank IFSC Code FDRL0002270.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Federal Bank Tulasipal in Angul, it can 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 Tulasipal, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Angul to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002270.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At Po Tulasipal Ts Banarpala Angul Orrisa 759128 located in Angul, Angul, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.