For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Bhilwara branch in Bhilwara, Bhilwara, Rajasthan, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Bhilwara or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code FDRL0002447. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Bhilwara, Bhilwara
Below in the table are the key details related to IFSC Code FDRL0002447 of Federal Bank for its branch located in Bhilwara, within the district of Bhilwara in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002447 |
| Branch | Bhilwara |
| City | Bhilwara |
| District | Bhilwara |
| State | Rajasthan |
| Address | C/O Prabha Corporation, Old Rto Road, Gandhi Nagar, Bhilwara, Rajasthan - 311001 |
These details help users in online banking and for businesses and individuals who use Federal Bank in Bhilwara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002447 for the Bhilwara 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Bhilwara, Bhilwara, Rajasthan, is provided a unique IFSC like FDRL0002447 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Bhilwara.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bhilwara and Bhilwara.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Bhilwara do not get misguided to another person.
Format of the IFSC Code FDRL0002447
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 Bhilwara in Bhilwara.
For example, the IFSC Code FDRL0002447 of Federal Bank for the Bhilwara branch includes these elements, identifying the bank and the branch location in Bhilwara and Rajasthan accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002447 of Federal Bank for its Bhilwara branch located in Bhilwara, 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 Bhilwara and Bhilwara, 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 Bhilwara or Bhilwara to get the exact IFSC Code FDRL0002447.
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 Bhilwara that will provide accurate information.
How to Use IFSC Code FDRL0002447 for Online Transfers?
Once you have the IFSC Code FDRL0002447 for the Bhilwara branch of Federal Bank in Bhilwara, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002447. 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 FDRL0002447.
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 Bhilwara in Bhilwara, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Bhilwara, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Bhilwara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002447.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is C/O Prabha Corporation, Old Rto Road, Gandhi Nagar, Bhilwara, Rajasthan - 311001 located in Bhilwara, Bhilwara, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.