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 Palanpur branch in Banas Kantha, Palanpur, or Gujarat, 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 Banas Kantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code FDRL0002439. 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, Palanpur, Banas Kantha

Here are the main details that are associated with the IFSC Code FDRL0002439 of Federal Bank for its branch located in Banas Kantha, within the district of Palanpur in the state of Gujarat.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002439
Branch Palanpur
City Banas Kantha
District Palanpur
State Gujarat
Address Ground Floor Shop 17-19,Times Square,Deesa Highway,Nr.Osia Super Market,Sardar Patel Nagar,Palanpur,Gujarat - 385001

These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Banas Kantha for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002439 for the Palanpur branch of Federal Bank is vital.

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 Palanpur, Banas Kantha, Gujarat, is provided a unique IFSC like FDRL0002439 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Federal Bank branch in Banas Kantha.
  • 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 Banas Kantha and Palanpur.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Palanpur do not get misguided to another person.

Format of the IFSC Code FDRL0002439

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 Palanpur in Banas Kantha.

For example, the IFSC Code FDRL0002439 of Federal Bank for the Palanpur branch includes these elements, identifying the bank and the branch location in Banas Kantha and Gujarat accurately.

How to Find IFSC Code for Federal Bank?

If you are looking for the IFSC Code FDRL0002439 of Federal Bank for its Palanpur branch located in Banas Kantha, the following methods can help:

Cheque Book

The cheque book that is issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Federal Bank branches in Banas Kantha and Palanpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Federal Bank and look for the branch locator section, then search for Palanpur or Banas Kantha to get the exact IFSC Code FDRL0002439.

Mobile Banking App

If you use Federal Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Federal Bank and Banas Kantha, then it will provide you proper information.

How to Use IFSC Code FDRL0002439 for Online Transfers?

Once you have the IFSC Code FDRL0002439 for the Palanpur branch of Federal Bank in Banas Kantha, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0002439. The transfer is completed in batches instead of instantly. It is useful for both 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 FDRL0002439.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Palanpur in Banas Kantha, your payment can get delayed or might not go through at all.

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 Palanpur, 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 Banas Kantha to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Palanpur, Banas Kantha?

The IFSC Code is FDRL0002439.

Is the IFSC Code FDRL0002439 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Federal Bank Palanpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Palanpur branch?

The address of the branch is Ground Floor Shop 17-19,Times Square,Deesa Highway,Nr.Osia Super Market,Sardar Patel Nagar,Palanpur,Gujarat - 385001 located in Banas Kantha, Palanpur, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.