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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Federal Bank for its Ramnagar branch in Dwaraka, Ahmedabad, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Federal Bank located in Dwaraka or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code FDRL0002272. 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, Ramnagar, Dwaraka
Here are the key points that are associated with the IFSC Code FDRL0002272 of Federal Bank for its branch located in Dwaraka, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002272 |
| Branch | Ramnagar |
| City | Dwaraka |
| District | Ahmedabad |
| State | Gujarat |
| Address | Office No 1 Opposite Kamnath Temple, Khmabaliya Porbandar Road, Ramnagar, Talukiya Khambalia, Devbhumi Dwaraka |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Dwaraka for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002272 for the Ramnagar 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 Ramnagar, Dwaraka, Gujarat, are given a unique IFSC like FDRL0002272 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dwaraka.
- 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 Dwaraka and Ahmedabad.
- 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 Ramnagar goes to the correct branch. This is important because Federal Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0002272
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 Ramnagar in Dwaraka.
For example, the IFSC Code FDRL0002272 of Federal Bank for the Ramnagar branch includes these elements, identifying the bank and the branch location in Dwaraka and Gujarat accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002272 of Federal Bank for its Ramnagar branch located in Dwaraka, the following methods can help:
Cheque Book
The cheque book that is issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Federal Bank branches in Dwaraka and Ahmedabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Federal Bank and look for the branch locator section, then search for Ramnagar or Dwaraka to get the exact IFSC Code FDRL0002272.
Mobile Banking App
If you use Federal Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Federal Bank and Dwaraka, then it will provide you proper information.
How to Use IFSC Code FDRL0002272 for Online Transfers?
Once you have the IFSC Code FDRL0002272 for the Ramnagar branch of Federal Bank in Dwaraka, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002272. Transfers are processed in batches. This is 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0002272.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Ramnagar in Dwaraka 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 Ramnagar, 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 Dwaraka to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ramnagar Dwaraka branch is FDRL0002272.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Office No 1 Opposite Kamnath Temple, Khmabaliya Porbandar Road, Ramnagar, Talukiya Khambalia, Devbhumi Dwaraka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.