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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Federal Bank for its Aurangabad branch in Aurangabad, Aurangabad, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Federal Bank located in Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001456. 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, Aurangabad, Aurangabad
The table below shows the main details of the IFSC Code FDRL0001456 for the Federal Bank branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001456 |
| Branch | Aurangabad |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Ground Floor Alakananda Aurangabad |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Aurangabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001456 for the Aurangabad 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, along with Federal Bank located in Aurangabad, Aurangabad, Maharashtra, are allotted a unique IFSC like FDRL0001456 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aurangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Aurangabad and Aurangabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Federal Bank in Aurangabad reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code FDRL0001456
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): 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 Aurangabad in Aurangabad.
For example, the IFSC Code FDRL0001456 of Federal Bank for the Aurangabad branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001456 of Federal Bank for its Aurangabad branch located in Aurangabad, 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
Most banks, including Federal Bank branches in Aurangabad and Aurangabad, print the IFSC and MICR codes 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 Aurangabad or Aurangabad to get the exact IFSC Code FDRL0001456.
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 Aurangabad, you'll get the correct details.
How to Use IFSC Code FDRL0001456 for Online Transfers?
Once you have the IFSC Code FDRL0001456 for the Aurangabad branch of Federal Bank in Aurangabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001456. 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 FDRL0001456.
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 Aurangabad in Aurangabad, 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 Aurangabad, 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 Aurangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001456.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Alakananda Aurangabad located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.