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IFSC Code of Federal Bank, Belgaum City, Belgaum, Karnataka — FDRL0001509

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 Belgaum City branch in Belgaum, Belgaum, 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 Belgaum or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code FDRL0001509. 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, Belgaum City, Belgaum

Here are the key points that are associated with the IFSC Code FDRL0001509 of Federal Bank for its branch located in Belgaum, within the district of Belgaum in the state of Karnataka.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0001509
Branch Belgaum City
City Belgaum
District Belgaum
State Karnataka
Address Venkatesh Anugrah Complex, H. No.1414, Baswan Galli, Belgaum

These details helps users in online banking and for businesses and individuals who use Federal Bank in Belgaum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001509 for the Belgaum City 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, including Federal Bank located in Belgaum City, Belgaum, Karnataka, is provided with a unique IFSC like FDRL0001509 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code FDRL0001509

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 Belgaum City in Belgaum.

For example, the IFSC Code FDRL0001509 of Federal Bank for the Belgaum City branch includes these elements, identifying the bank and the branch location in Belgaum and Karnataka correctly.

How to Find IFSC Code for Federal Bank?

If you are looking for the IFSC Code FDRL0001509 of Federal Bank for its Belgaum City branch located in Belgaum, 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 Belgaum and Belgaum, 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 Belgaum City or Belgaum to get the exact IFSC Code FDRL0001509.

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 Belgaum, then it will provide you proper information.

How to Use IFSC Code FDRL0001509 for Online Transfers?

Once you have the IFSC Code FDRL0001509 for the Belgaum City branch of Federal Bank in Belgaum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001509. 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 FDRL0001509.

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 Belgaum City in Belgaum, 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 Belgaum City, 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 Belgaum to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Belgaum City, Belgaum?

The IFSC Code is FDRL0001509.

Is the IFSC Code FDRL0001509 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Federal Bank Belgaum City?

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

What is the full address of the Belgaum City branch?

The address of the branch is Venkatesh Anugrah Complex, H. No.1414, Baswan Galli, Belgaum located in Belgaum, Belgaum, 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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