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 Bargarh branch in Bargarh, Bargarh, Odisha, 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 Bargarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0002200. 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, Bargarh, Bargarh

Here are the key points that are associated with the IFSC Code FDRL0002200 of Federal Bank for its branch located in Bargarh, within the district of Bargarh in the state of Odisha.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002200
Branch Bargarh
City Bargarh
District Bargarh
State Odisha
Address Damoder Bhavan,1 By F Of Rto Office,Nh6 Road,Bargarh,Odhisha 768028

These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Bargarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002200 for the Bargarh branch of Federal Bank plays 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 Bargarh, Bargarh, Odisha, are allotted a unique IFSC like FDRL0002200 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bargarh.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Bargarh and Bargarh.
  • 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 Bargarh reaches the right place, even though there are thousands of branches in Odisha and across India.

Format of the IFSC Code FDRL0002200

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 Bargarh in Bargarh.

For example, the IFSC Code FDRL0002200 of Federal Bank for the Bargarh branch includes these elements, identifying the bank and the branch location in Bargarh and Odisha accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002200 of Federal Bank for its Bargarh branch located in Bargarh, 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 Bargarh and Bargarh, 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 Bargarh or Bargarh to get the exact IFSC Code FDRL0002200.

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 Bargarh, you'll get the correct details.

How to Use IFSC Code FDRL0002200 for Online Transfers?

Once you have the IFSC Code FDRL0002200 for the Bargarh branch of Federal Bank in Bargarh, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002200. Transfers are processed in batches. This is 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0002200.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Bargarh in Bargarh may 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 Bargarh, 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 Bargarh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is FDRL0002200.

Is the IFSC Code FDRL0002200 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 Bargarh?

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 Bargarh branch?

The address of the branch is Damoder Bhavan,1 By F Of Rto Office,Nh6 Road,Bargarh,Odhisha 768028 located in Bargarh, Bargarh, Odisha.

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.