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 Remuna branch in Baleshwar, Remuna, 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 Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0001853. 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, Remuna, Baleshwar
Below in the table are the key details related to IFSC Code FDRL0001853 of Federal Bank for its branch located in Baleshwar, within the district of Remuna in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001853 |
| Branch | Remuna |
| City | Baleshwar |
| District | Remuna |
| State | Odisha |
| Address | Remuna Golai, Januganj, Ganeswarpur Po, Balasore, |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Baleshwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001853 for the Remuna branch of Federal Bank plays a vital 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 Remuna, Baleshwar, Odisha, are allotted a unique IFSC like FDRL0001853 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Baleshwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Baleshwar and Remuna.
- 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 Remuna reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code FDRL0001853
The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Remuna in Baleshwar.
For example, the IFSC Code FDRL0001853 of Federal Bank for the Remuna branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001853 of Federal Bank for its Remuna branch located in Baleshwar, 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 Baleshwar and Remuna, 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 Remuna or Baleshwar to get the exact IFSC Code FDRL0001853.
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 Baleshwar that will provide accurate information.
How to Use IFSC Code FDRL0001853 for Online Transfers?
Once you have the IFSC Code FDRL0001853 for the Remuna branch of Federal Bank in Baleshwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001853. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 FDRL0001853.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Remuna in Baleshwar, your payment can get delayed or might not go through at all.
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 Remuna, 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 Baleshwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Remuna Baleshwar branch is FDRL0001853.
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 Remuna Golai, Januganj, Ganeswarpur Po, Balasore,.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.