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 Taverekere branch in Bangalore, Taverekere, 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 FDRL0001659. 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, Taverekere, Bangalore

Here are the key points that are associated with the IFSC Code FDRL0001659 of Federal Bank for its branch located in Bangalore, within the district of Taverekere in the state of Karnataka.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0001659
Branch Taverekere
City Bangalore
District Taverekere
State Karnataka
Address No 104/1,Ground Floor 1St Main , Taverekere, Bangalore

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Bangalore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001659 for the Taverekere branch of Federal Bank has 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, including Federal Bank located in Taverekere, Bangalore, Karnataka, is provided with a unique IFSC like FDRL0001659 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 Taverekere.
  • 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 Taverekere do not get mixed with another location.

Format of the IFSC Code FDRL0001659

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 Taverekere in Bangalore.

For example, the IFSC Code FDRL0001659 of Federal Bank for the Taverekere 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 FDRL0001659 of Federal Bank for its Taverekere 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 Taverekere, 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 Taverekere or Bangalore to get the exact IFSC Code FDRL0001659.

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 FDRL0001659 for Online Transfers?

If you have the IFSC Code FDRL0001659 for the Taverekere branch of Federal Bank in Bangalore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001659. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0001659.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Taverekere in Bangalore, it may 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 Taverekere, 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 Bangalore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Taverekere, Bangalore?

The IFSC Code is FDRL0001659.

Is the IFSC Code FDRL0001659 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Taverekere branch?

The address of the branch is No 104/1,Ground Floor 1St Main , Taverekere, Bangalore located in Bangalore, Taverekere, Karnataka.

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.