There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Bangalore Vidyaranyapura branch in Bangalore, Bangalore, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Bangalore or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code FDRL0002396. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Bangalore Vidyaranyapura, Bangalore
Here are the main details that are associated with the IFSC Code FDRL0002396 of Federal Bank for its branch located in Bangalore, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002396 |
| Branch | Bangalore Vidyaranyapura |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| Address | Ground Floor, No.1123, Khata No. 1066/2744/1123, 6Th Block, Hmt Layout, Vidyaranyapura, Bangalore, Karnataka, India, Pin-560097 |
These details help users in online banking and for businesses and individuals who use Federal Bank in Bangalore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002396 for the Bangalore Vidyaranyapura branch of Federal Bank has a very 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, including Federal Bank located in Bangalore Vidyaranyapura, Bangalore, Karnataka, is provided with a unique IFSC like FDRL0002396 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Bangalore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bangalore and Bangalore.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Bangalore Vidyaranyapura do not get mixed with another location.
Format of the IFSC Code FDRL0002396
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 Bangalore Vidyaranyapura in Bangalore.
For example, the IFSC Code FDRL0002396 of Federal Bank for the Bangalore Vidyaranyapura branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka correctly.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002396 of Federal Bank for its Bangalore Vidyaranyapura branch located in Bangalore, 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 Bangalore and Bangalore, 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 Bangalore Vidyaranyapura or Bangalore to get the exact IFSC Code FDRL0002396.
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 Bangalore, then it will provide you proper information.
How to Use IFSC Code FDRL0002396 for Online Transfers?
Once you have the IFSC Code FDRL0002396 for the Bangalore Vidyaranyapura branch of Federal Bank in Bangalore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002396. 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 FDRL0002396.
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 Bangalore Vidyaranyapura in Bangalore, 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 Bangalore Vidyaranyapura, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bangalore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002396.
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 Ground Floor, No.1123, Khata No. 1066/2744/1123, 6Th Block, Hmt Layout, Vidyaranyapura, Bangalore, Karnataka, India, Pin-560097 located in Bangalore, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.