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 Nadigaon branch in Bubaneshwar, Bubaneshwar, Odisha, 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 Bubaneshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0002267. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Nadigaon, Bubaneshwar

Below in the table are the key details related to IFSC Code FDRL0002267 of Federal Bank for its branch located in Bubaneshwar, within the district of Bubaneshwar in the state of Odisha.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002267
Branch Nadigaon
City Bubaneshwar
District Bubaneshwar
State Odisha
Address Nadigaon, Kudei Post, Soro , Balasore, Orissa, 756045

These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Bubaneshwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002267 for the Nadigaon branch of Federal Bank is vital.

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 Nadigaon, Bubaneshwar, Odisha, is provided with a unique IFSC like FDRL0002267 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Federal Bank branch in Bubaneshwar.
  • 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 Bubaneshwar and Bubaneshwar.
  • 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 Nadigaon do not get mixed with another location.

Format of the IFSC Code FDRL0002267

The format of the IFSC Code for banks, including Federal Bank, follows 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 Nadigaon in Bubaneshwar.

For example, the IFSC Code FDRL0002267 of Federal Bank for the Nadigaon branch includes these elements, identifying the bank and the branch location in Bubaneshwar and Odisha accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002267 of Federal Bank for its Nadigaon branch located in Bubaneshwar, 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 Bubaneshwar and Bubaneshwar, 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 Nadigaon or Bubaneshwar to get the exact IFSC Code FDRL0002267.

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 Bubaneshwar, you'll get the correct details.

How to Use IFSC Code FDRL0002267 for Online Transfers?

Once you have the IFSC Code FDRL0002267 for the Nadigaon branch of Federal Bank in Bubaneshwar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002267. 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 FDRL0002267.

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 Nadigaon in Bubaneshwar, 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 Nadigaon, 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 Bubaneshwar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Nadigaon, Bubaneshwar?

The IFSC Code is FDRL0002267.

Is the IFSC Code FDRL0002267 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Federal Bank Nadigaon?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Nadigaon branch?

The address of the branch is Nadigaon, Kudei Post, Soro , Balasore, Orissa, 756045 located in Bubaneshwar, Bubaneshwar, Odisha.

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.