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 Peruveli-Saravapakkam branch in Chengalpattu, Peruveli, Tamil Nadu, 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 Chengalpattu or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002587. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Peruveli-Saravapakkam, Chengalpattu
Here are some of the key details that come with the IFSC Code FDRL0002587 of Federal Bank for its branch located in Chengalpattu, within the district of Peruveli in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002587 |
| Branch | Peruveli-Saravapakkam |
| City | Chengalpattu |
| District | Peruveli |
| State | Tamil Nadu |
| Address | Shop No.10, Chunambedu Road, Saravambakkam Village, Chithamur Po, Madhurantagam Taluk, Chengalpattu ,Tamil Nadu - 603313 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Chengalpattu for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002587 for the Peruveli-Saravapakkam 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002587 is given to every bank branch, including Federal Bank located in Peruveli-Saravapakkam, Chengalpattu, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Chengalpattu.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Chengalpattu and Peruveli.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Peruveli-Saravapakkam doesn't end up at another location.
Format of the IFSC Code FDRL0002587
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 Peruveli-Saravapakkam in Chengalpattu.
For example, the IFSC Code FDRL0002587 of Federal Bank for the Peruveli-Saravapakkam branch includes these elements, identifying the bank and the branch location in Chengalpattu and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002587 of Federal Bank for its Peruveli-Saravapakkam branch located in Chengalpattu, 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 Chengalpattu and Peruveli, 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 Peruveli-Saravapakkam or Chengalpattu to get the exact IFSC Code FDRL0002587.
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 Chengalpattu, then it will provide you proper information.
How to Use IFSC Code FDRL0002587 for Online Transfers?
Once you have the IFSC Code FDRL0002587 for the Peruveli-Saravapakkam branch of Federal Bank in Chengalpattu, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002587. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 FDRL0002587.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Peruveli-Saravapakkam in Chengalpattu, your payment can get delayed or might not go through at all.
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 Peruveli-Saravapakkam, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Chengalpattu manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002587.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No.10, Chunambedu Road, Saravambakkam Village, Chithamur Po, Madhurantagam Taluk, Chengalpattu ,Tamil Nadu - 603313 located in Chengalpattu, Peruveli, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.