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 Kinnigoli branch in Dakshin Kannad, Kinnigoli, Karnataka, 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 Dakshin Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FDRL0002007. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Kinnigoli, Dakshin Kannad
Here are some of the key details that come with the IFSC Code FDRL0002007 of Federal Bank for its branch located in Dakshin Kannad, within the district of Kinnigoli in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002007 |
| Branch | Kinnigoli |
| City | Dakshin Kannad |
| District | Kinnigoli |
| State | Karnataka |
| Address | C4 And C5,Printos Golden Castle,Talipady Road, Next To Bsnl Office,Kinnigoli,Dakshin Kannad 574150 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Dakshin Kannad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002007 for the Kinnigoli 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, along with Federal Bank located in Kinnigoli, Dakshin Kannad, Karnataka, are allotted a unique IFSC like FDRL0002007 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dakshin Kannad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dakshin Kannad and Kinnigoli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Federal Bank in Kinnigoli reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code FDRL0002007
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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kinnigoli in Dakshin Kannad.
For example, the IFSC Code FDRL0002007 of Federal Bank for the Kinnigoli branch has these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002007 of Federal Bank for its Kinnigoli branch located in Dakshin Kannad, 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 Dakshin Kannad and Kinnigoli, 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 Kinnigoli or Dakshin Kannad to get the exact IFSC Code FDRL0002007.
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 Dakshin Kannad, you'll get the correct details.
How to Use IFSC Code FDRL0002007 for Online Transfers?
Once you have the IFSC Code FDRL0002007 for the Kinnigoli branch of Federal Bank in Dakshin Kannad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002007. 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 FDRL0002007.
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 Kinnigoli in Dakshin Kannad, 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 Kinnigoli, 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 Dakshin Kannad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002007.
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 C4 And C5,Printos Golden Castle,Talipady Road, Next To Bsnl Office,Kinnigoli,Dakshin Kannad 574150 located in Dakshin Kannad, Kinnigoli, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.