For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Erranahalli-Palacode branch in Dharmapuri, Erranahalli, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Dharmapuri or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002595. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Erranahalli-Palacode, Dharmapuri

Below in the table are the key details related to IFSC Code FDRL0002595 of Federal Bank for its branch located in Dharmapuri, within the district of Erranahalli in the state of Tamil Nadu.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002595
Branch Erranahalli-Palacode
City Dharmapuri
District Erranahalli
State Tamil Nadu
Address Sy No.517/C3C,Lakshmi Complex,Opp Bharat Petrol Bunk.Dharmapuri To Palacode Main Road,Erranahalli Po,Palacode,Dharmapuri,Tamil Nadu-636808

These details help users in online banking and for businesses and individuals who use Federal Bank in Dharmapuri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002595 for the Erranahalli-Palacode 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 Erranahalli-Palacode, Dharmapuri, Tamil Nadu, is provided a unique IFSC like FDRL0002595 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Federal Bank branch in Dharmapuri.
  • 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 Dharmapuri and Erranahalli.
  • 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 Erranahalli-Palacode do not get misguided to another person.

Format of the IFSC Code FDRL0002595

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 Erranahalli-Palacode in Dharmapuri.

For example, the IFSC Code FDRL0002595 of Federal Bank for the Erranahalli-Palacode branch includes these elements, identifying the bank and the branch location in Dharmapuri and Tamil Nadu accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002595 of Federal Bank for its Erranahalli-Palacode branch located in Dharmapuri, 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 Dharmapuri and Erranahalli, 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 Erranahalli-Palacode or Dharmapuri to get the exact IFSC Code FDRL0002595.

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 Dharmapuri, you'll get the correct details.

How to Use IFSC Code FDRL0002595 for Online Transfers?

Once you have the IFSC Code FDRL0002595 for the Erranahalli-Palacode branch of Federal Bank in Dharmapuri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0002595. 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 FDRL0002595.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Erranahalli-Palacode in Dharmapuri, 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 Erranahalli-Palacode, 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 Dharmapuri to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank Erranahalli-Palacode Dharmapuri?

The IFSC Code of the Erranahalli-Palacode Dharmapuri branch is FDRL0002595.

Is IFSC Code FDRL0002595 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 Erranahalli-Palacode branch?

The branch is located at Sy No.517/C3C,Lakshmi Complex,Opp Bharat Petrol Bunk.Dharmapuri To Palacode Main Road,Erranahalli Po,Palacode,Dharmapuri,Tamil Nadu-636808.

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.