There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Kadaba branch in Dakshina Kannada, Kadaba, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Federal Bank situated in Dakshina Kannada or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code FDRL0002012. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Kadaba, Dakshina Kannada

Below in the table are the key details related to IFSC Code FDRL0002012 of Federal Bank for its branch located in Dakshina Kannada, within the district of Kadaba in the state of Karnataka.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002012
Branch Kadaba
City Dakshina Kannada
District Kadaba
State Karnataka
Address Ground Floor, Anugraha Complex Main Road, Dakshina Kannada District

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Dakshina Kannada for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002012 for the Kadaba branch of Federal Bank has an important role.

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 Kadaba, Dakshina Kannada, Karnataka, are given a unique IFSC like FDRL0002012 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dakshina Kannada.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Dakshina Kannada and Kadaba.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Federal Bank in Kadaba goes to the correct branch. This is important because Federal Bank has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FDRL0002012

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 Kadaba in Dakshina Kannada.

For example, the IFSC Code FDRL0002012 of Federal Bank for the Kadaba branch includes these elements, identifying the bank and the branch location in Dakshina Kannada and Karnataka accurately.

How to Find IFSC Code for Federal Bank?

To find the IFSC Code FDRL0002012 of Federal Bank for its Kadaba branch located in Dakshina Kannada, the following methods can help you out:

Cheque Book

The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Federal Bank branches in Dakshina Kannada and Kadaba, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Federal Bank and go to the branch locator section. Then search for Kadaba or Dakshina Kannada to find the exact IFSC Code FDRL0002012.

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 maintains an updated database of all IFSC codes. Searching for Federal Bank and Dakshina Kannada will provide accurate information.

How to Use IFSC Code FDRL0002012 for Online Transfers?

If you have the IFSC Code FDRL0002012 for the Kadaba branch of Federal Bank in Dakshina Kannada, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002012. Transfers are processed in batches. 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0002012.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Kadaba in Dakshina Kannada, it may 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 Kadaba, 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 Dakshina Kannada to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank Kadaba Dakshina Kannada?

The IFSC Code of the Kadaba Dakshina Kannada branch is FDRL0002012.

Is IFSC Code FDRL0002012 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Federal Bank Kadaba branch?

The branch is located at Ground Floor, Anugraha Complex Main Road, Dakshina Kannada District.

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.