For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Thirumalasettyhalli branch in Bangalore, Bangalore, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Bangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FDRL0002262. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Thirumalasettyhalli, Bangalore
Here are the key points that are associated with the IFSC Code FDRL0002262 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 | FDRL0002262 |
| Branch | Thirumalasettyhalli |
| City | Bangalore |
| District | Bangalore |
| State | Karnataka |
| Address | Sy No 84,Thirumalasettyhalli Village, Bangalore Rural District, Karnataka 560066 |
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 FDRL0002262 for the Thirumalasettyhalli 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, along with Federal Bank located in Thirumalasettyhalli, Bangalore, Karnataka, are given a unique IFSC like FDRL0002262 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bangalore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Bangalore and Bangalore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Federal Bank in Thirumalasettyhalli goes to the correct branch. This is important because Federal Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0002262
This is the format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Thirumalasettyhalli in Bangalore.
For example, the IFSC Code FDRL0002262 of Federal Bank for the Thirumalasettyhalli branch includes these elements, identifying the bank and the branch location in Bangalore and Karnataka accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002262 of Federal Bank for its Thirumalasettyhalli 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 Thirumalasettyhalli or Bangalore to get the exact IFSC Code FDRL0002262.
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 FDRL0002262 for Online Transfers?
Once you have the IFSC Code FDRL0002262 for the Thirumalasettyhalli 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 FDRL0002262. 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 FDRL0002262.
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 Thirumalasettyhalli 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 Thirumalasettyhalli, 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)
The IFSC Code is FDRL0002262.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Sy No 84,Thirumalasettyhalli Village, Bangalore Rural District, Karnataka 560066 located in Bangalore, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.