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 Coimbatore/Kavundam Palayam branch in Coimbatore, Coimbatore, 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 Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0001357. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Coimbatore/Kavundam Palayam, Coimbatore
Here are the main details that are associated with the IFSC Code FDRL0001357 of Federal Bank for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001357 |
| Branch | Coimbatore/Kavundam Palayam |
| City | Coimbatore |
| District | Coimbatore |
| State | Tamil Nadu |
| Address | 5/1 J 3 Gandhi Nagar Mettuppalayamroad Kavundampalayam Coimbatore |
These details help users in online banking and for businesses and individuals who use Federal Bank in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001357 for the Coimbatore/Kavundam Palayam 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 Coimbatore/Kavundam Palayam, Coimbatore, Tamil Nadu, is provided a unique IFSC like FDRL0001357 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Coimbatore.
- 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 Coimbatore and Coimbatore.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Coimbatore/Kavundam Palayam do not get misguided to another person.
Format of the IFSC Code FDRL0001357
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 Coimbatore/Kavundam Palayam in Coimbatore.
For example, the IFSC Code FDRL0001357 of Federal Bank for the Coimbatore/Kavundam Palayam branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001357 of Federal Bank for its Coimbatore/Kavundam Palayam branch located in Coimbatore, 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 Coimbatore and Coimbatore, 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 Coimbatore/Kavundam Palayam or Coimbatore to get the exact IFSC Code FDRL0001357.
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 Coimbatore that will provide accurate information.
How to Use IFSC Code FDRL0001357 for Online Transfers?
Once you have the IFSC Code FDRL0001357 for the Coimbatore/Kavundam Palayam branch of Federal Bank in Coimbatore, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001357. Transfers are processed in batches. This is 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0001357.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Coimbatore/Kavundam Palayam in Coimbatore 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 Coimbatore/Kavundam Palayam, 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 Coimbatore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001357.
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 5/1 J 3 Gandhi Nagar Mettuppalayamroad Kavundampalayam Coimbatore located in Coimbatore, Coimbatore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.