IFSC Code of Federal Bank, Gatachiwadi, Solapur, Maharashtra — FDRL0002240

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 Gatachiwadi branch in Barshi, Solapur, Maharashtra, 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 Barshi or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code FDRL0002240. 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, Gatachiwadi, Barshi

Here are the main details that are associated with the IFSC Code FDRL0002240 of Federal Bank for its branch located in Barshi, within the district of Solapur in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Federal Bank in Barshi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002240 for the Gatachiwadi branch of Federal Bank has a very 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 Gatachiwadi, Barshi, Maharashtra, are allotted a unique IFSC like FDRL0002240 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code FDRL0002240

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Federal Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Gatachiwadi in Barshi.

For example, the IFSC Code FDRL0002240 of Federal Bank for the Gatachiwadi branch includes these elements, identifying the bank and the branch location in Barshi and Maharashtra correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002240 of Federal Bank for its Gatachiwadi branch located in Barshi, 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 Barshi and Solapur, 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 Gatachiwadi or Barshi to get the exact IFSC Code FDRL0002240.

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 Barshi, you'll get the correct details.

How to Use IFSC Code FDRL0002240 for Online Transfers?

Once you have the IFSC Code FDRL0002240 for the Gatachiwadi branch of Federal Bank in Barshi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002240. 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 FDRL0002240.

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