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- Basaveshwaranagar branch in Bangalore Urban, 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 Urban or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code FDRL0002466. 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- Basaveshwaranagar, Bangalore Urban

The table below shows the main details of the IFSC Code FDRL0002466 for the Federal Bank branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002466
Branch Bangalore- Basaveshwaranagar
City Bangalore Urban
District Bangalore
State Karnataka
Address 33, 1St Main Road, 3Rd Stage, 4Th Block, West Of Chord Road, Basaveshwaranagar, Bangalore, Karnataka- 560079

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Bangalore Urban for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002466 for the Bangalore- Basaveshwaranagar 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002466 is given to every bank branch, including Federal Bank located in Bangalore- Basaveshwaranagar, Bangalore Urban, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Federal Bank branch in Bangalore Urban.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Bangalore Urban and Bangalore.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Bangalore- Basaveshwaranagar doesn't end up at another location.

Format of the IFSC Code FDRL0002466

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 Bangalore- Basaveshwaranagar in Bangalore Urban.

For example, the IFSC Code FDRL0002466 of Federal Bank for the Bangalore- Basaveshwaranagar branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002466 of Federal Bank for its Bangalore- Basaveshwaranagar branch located in Bangalore Urban, the following methods can help:

Cheque Book

The cheque books that are issued by Federal Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most 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

Visit the official website of Federal Bank and find the branch locator section. Search for Bangalore- Basaveshwaranagar or Bangalore Urban to get the exact IFSC Code FDRL0002466.

Mobile Banking App

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

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Federal Bank and Bangalore Urban that will provide accurate information.

How to Use IFSC Code FDRL0002466 for Online Transfers?

If you have the IFSC Code FDRL0002466 for the Bangalore- Basaveshwaranagar branch of Federal Bank in Bangalore Urban, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002466. 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 FDRL0002466.

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 Bangalore- Basaveshwaranagar in Bangalore Urban, 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 Bangalore- Basaveshwaranagar, 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)

What is the IFSC Code of Federal Bank in Bangalore- Basaveshwaranagar, Bangalore Urban?

The IFSC Code is FDRL0002466.

Is the IFSC Code FDRL0002466 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Federal Bank Bangalore- Basaveshwaranagar?

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

What is the full address of the Bangalore- Basaveshwaranagar branch?

The address of the branch is 33, 1St Main Road, 3Rd Stage, 4Th Block, West Of Chord Road, Basaveshwaranagar, Bangalore, Karnataka- 560079 located in Bangalore Urban, Bangalore, 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.

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