Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Federal Bank for its Eripatti branch in Coimbatore, Eripatti, or Tamil Nadu, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Federal Bank located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002131. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Eripatti, Coimbatore

Here are some of the key details that come with the IFSC Code FDRL0002131 of Federal Bank for its branch located in Coimbatore, within the district of Eripatti in the state of Tamil Nadu.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002131
Branch Eripatti
City Coimbatore
District Eripatti
State Tamil Nadu
Address Building No 217, Eripatti P O, Pollachi Talu Coimbatore Dist

These details helps 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 FDRL0002131 for the Eripatti branch of Federal Bank plays a vital 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 FDRL0002131 is given to every bank branch, including Federal Bank located in Eripatti, Coimbatore, 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 Coimbatore.
  • 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 Coimbatore and Eripatti.
  • 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 Eripatti doesn't end up at another location.

Format of the IFSC Code FDRL0002131

The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Federal Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Eripatti in Coimbatore.

For example, the IFSC Code FDRL0002131 of Federal Bank for the Eripatti 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 FDRL0002131 of Federal Bank for its Eripatti branch located in Coimbatore, 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 Coimbatore and Eripatti, 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 Eripatti or Coimbatore to get the exact IFSC Code FDRL0002131.

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 Coimbatore, you'll get the correct details.

How to Use IFSC Code FDRL0002131 for Online Transfers?

Once you have the IFSC Code FDRL0002131 for the Eripatti branch of Federal Bank in Coimbatore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0002131. 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 FDRL0002131.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Eripatti in Coimbatore, 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 Eripatti, 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 Coimbatore manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Eripatti, Coimbatore?

The IFSC Code is FDRL0002131.

Is the IFSC Code FDRL0002131 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Eripatti branch?

The address of the branch is Building No 217, Eripatti P O, Pollachi Talu Coimbatore Dist located in Coimbatore, Eripatti, Tamil Nadu.

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.