Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Federal Bank for its Bareilly branch in Bareilly, Bareilly, Uttar Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Federal Bank located in Bareilly or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code FDRL0002462. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Bareilly, Bareilly

Here are the main details that are associated with the IFSC Code FDRL0002462 of Federal Bank for its branch located in Bareilly, within the district of Bareilly in the state of Uttar Pradesh.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002462
Branch Bareilly
City Bareilly
District Bareilly
State Uttar Pradesh
Address 154 A,Gf,Civil Line,Kacheri Road,Opposite Dm House,Bareilly,Uttar Pradesh-243001

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Bareilly for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002462 for the Bareilly 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 Bareilly, Bareilly, Uttar Pradesh, is provided with a unique IFSC like FDRL0002462 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Federal Bank branch in Bareilly.
  • 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 Bareilly and Bareilly.
  • 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Bareilly do not get mixed with another location.

Format of the IFSC Code FDRL0002462

The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Federal Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bareilly in Bareilly.

For example, the IFSC Code FDRL0002462 of Federal Bank for the Bareilly branch includes these elements, identifying the bank and the branch location in Bareilly and Uttar Pradesh accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002462 of Federal Bank for its Bareilly branch located in Bareilly, the following methods can help:

Cheque Book

The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Federal Bank branches in Bareilly and Bareilly, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Federal Bank and navigate to the branch locator section. Search for Bareilly or Bareilly to get the exact IFSC Code FDRL0002462.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Federal Bank and Bareilly, you'll get the correct details.

How to Use IFSC Code FDRL0002462 for Online Transfers?

Once you have the IFSC Code FDRL0002462 for the Bareilly branch of Federal Bank in Bareilly, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002462. 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 FDRL0002462.

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 Bareilly in Bareilly, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Federal Bank in Bareilly, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Federal Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Bareilly manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Bareilly, Bareilly?

The IFSC Code is FDRL0002462.

Is the IFSC Code FDRL0002462 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 Bareilly?

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 Bareilly branch?

The address of the branch is 154 A,Gf,Civil Line,Kacheri Road,Opposite Dm House,Bareilly,Uttar Pradesh-243001 located in Bareilly, Bareilly, Uttar Pradesh.

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.