The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Brahmapur branch in Brahmapur, Brahmapur, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Federal Bank located in Brahmapur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0002403. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Brahmapur, Brahmapur
Here are some of the key details that come with the IFSC Code FDRL0002403 of Federal Bank for its branch located in Brahmapur, within the district of Brahmapur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002403 |
| Branch | Brahmapur |
| City | Brahmapur |
| District | Brahmapur |
| State | Odisha |
| Address | Kamas Inn Building,Tata Benz Square,Janana Hospital Road,Brahmapur,Ganjam,Odisha-760005 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Brahmapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002403 for the Brahmapur 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, including Federal Bank located in Brahmapur, Brahmapur, Odisha, is provided with a unique IFSC like FDRL0002403 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Brahmapur.
- 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 Brahmapur and Brahmapur.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Brahmapur do not get mixed with another location.
Format of the IFSC Code FDRL0002403
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 Brahmapur in Brahmapur.
For example, the IFSC Code FDRL0002403 of Federal Bank for the Brahmapur branch includes these elements, identifying the bank and the branch location in Brahmapur and Odisha accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002403 of Federal Bank for its Brahmapur branch located in Brahmapur, 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
You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Brahmapur and Brahmapur, print them 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 Brahmapur or Brahmapur to get the exact IFSC Code FDRL0002403.
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 Brahmapur, you'll get the correct details.
How to Use IFSC Code FDRL0002403 for Online Transfers?
Once you have the IFSC Code FDRL0002403 for the Brahmapur branch of Federal Bank in Brahmapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002403. The transfer is completed in batches instead of instantly. It is useful for both 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 FDRL0002403.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Brahmapur in Brahmapur, your payment can get delayed or might not go through at all.
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 Brahmapur, 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 Brahmapur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002403.
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 Kamas Inn Building,Tata Benz Square,Janana Hospital Road,Brahmapur,Ganjam,Odisha-760005 located in Brahmapur, Brahmapur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.