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 Bangalore- Bannerghetta-Iimb branch in Bangalore Urban, 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 Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FDRL0002456. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Bangalore- Bannerghetta-Iimb, Bangalore Urban
Here are some of the key details that come with the IFSC Code FDRL0002456 of Federal Bank for its branch located in Bangalore Urban, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002456 |
| Branch | Bangalore- Bannerghetta-Iimb |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Door No. 108/7, Ground Floor, Doresanipalya, Bannerghetta Road, Arekere, Bangalore, Karnataka- 560076 |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Bangalore Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002456 for the Bangalore- Bannerghetta-Iimb 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 Bangalore- Bannerghetta-Iimb, Bangalore Urban, Karnataka, are allotted a unique IFSC like FDRL0002456 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 Urban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bangalore Urban 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 makes sure that money sent to Federal Bank in Bangalore- Bannerghetta-Iimb reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code FDRL0002456
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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bangalore- Bannerghetta-Iimb in Bangalore Urban.
For example, the IFSC Code FDRL0002456 of Federal Bank for the Bangalore- Bannerghetta-Iimb branch has these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002456 of Federal Bank for its Bangalore- Bannerghetta-Iimb branch located in Bangalore Urban, 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 Urban 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- Bannerghetta-Iimb or Bangalore Urban to get the exact IFSC Code FDRL0002456.
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 Urban, then it will provide you proper information.
How to Use IFSC Code FDRL0002456 for Online Transfers?
Once you have the IFSC Code FDRL0002456 for the Bangalore- Bannerghetta-Iimb branch of Federal Bank in Bangalore Urban, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002456. 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 FDRL0002456.
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- Bannerghetta-Iimb in Bangalore Urban, 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- Bannerghetta-Iimb, 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 Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bangalore- Bannerghetta-Iimb Bangalore Urban branch is FDRL0002456.
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 Door No. 108/7, Ground Floor, Doresanipalya, Bannerghetta Road, Arekere, Bangalore, Karnataka- 560076.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.