IFSC Code of Federal Bank, Bhubaneswar, Bhubaneswar, Odisha — FDRL0001232

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 Bhubaneswar branch in Bhubaneswar, Bhubaneswar, Odisha, 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 Bhubaneswar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code FDRL0001232. 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, Bhubaneswar, Bhubaneswar

Below in the table are the key details related to IFSC Code FDRL0001232 of Federal Bank for its branch located in Bhubaneswar, within the district of Bhubaneswar in the state of Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Bhubaneswar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001232 for the Bhubaneswar 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, along with Federal Bank located in Bhubaneswar, Bhubaneswar, Odisha, are given a unique IFSC like FDRL0001232 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Bhubaneswar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Bhubaneswar and Bhubaneswar.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Federal Bank in Bhubaneswar goes to the correct branch. This is important because Federal Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FDRL0001232

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 Bhubaneswar in Bhubaneswar.

For example, the IFSC Code FDRL0001232 of Federal Bank for the Bhubaneswar branch includes these elements, identifying the bank and the branch location in Bhubaneswar and Odisha correctly.

How to Find IFSC Code for Federal Bank?

If you are looking for the IFSC Code FDRL0001232 of Federal Bank for its Bhubaneswar branch located in Bhubaneswar, 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 Bhubaneswar and Bhubaneswar, 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 Bhubaneswar or Bhubaneswar to get the exact IFSC Code FDRL0001232.

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 Bhubaneswar, then it will provide you proper information.

How to Use IFSC Code FDRL0001232 for Online Transfers?

If you have the IFSC Code FDRL0001232 for the Bhubaneswar branch of Federal Bank in Bhubaneswar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001232. Transfers are processed in batches. 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0001232.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Bhubaneswar in Bhubaneswar, it 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 Bhubaneswar, 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 Bhubaneswar manage online transfers as well as cheque clearances with ease.