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 Chirkunda branch in Dhanbad, Chirkunda, or Jharkhand, 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 Dhanbad or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code FDRL0001851. 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, Chirkunda, Dhanbad
Here are the key points that are associated with the IFSC Code FDRL0001851 of Federal Bank for its branch located in Dhanbad, within the district of Chirkunda in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001851 |
| Branch | Chirkunda |
| City | Dhanbad |
| District | Chirkunda |
| State | Jharkhand |
| Address | Kumar Dubi, Sarsa Pahari Beside Gurunanak Mission School |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Dhanbad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001851 for the Chirkunda 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, including Federal Bank located in Chirkunda, Dhanbad, Jharkhand, is provided with a unique IFSC like FDRL0001851 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Dhanbad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Dhanbad and Chirkunda.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Chirkunda do not get mixed with another location.
Format of the IFSC Code FDRL0001851
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 Chirkunda in Dhanbad.
For example, the IFSC Code FDRL0001851 of Federal Bank for the Chirkunda branch includes these elements, identifying the bank and the branch location in Dhanbad and Jharkhand accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001851 of Federal Bank for its Chirkunda branch located in Dhanbad, 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 Dhanbad and Chirkunda, 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 Chirkunda or Dhanbad to get the exact IFSC Code FDRL0001851.
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 Dhanbad, you'll get the correct details.
How to Use IFSC Code FDRL0001851 for Online Transfers?
Once you have the IFSC Code FDRL0001851 for the Chirkunda branch of Federal Bank in Dhanbad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001851. 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 FDRL0001851.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Chirkunda in Dhanbad, 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 Chirkunda, 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 Dhanbad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001851.
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 Kumar Dubi, Sarsa Pahari Beside Gurunanak Mission School located in Dhanbad, Chirkunda, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.