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 Alwaye Urban Co-Op Evening branch in Ernakulam, Aluva, Kerala, 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 Ernakulam or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code FDRL0AUCB03. 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, Alwaye Urban Co-Op Evening, Ernakulam
Below in the table are the key details related to IFSC Code FDRL0AUCB03 of Federal Bank for its branch located in Ernakulam, within the district of Aluva in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0AUCB03 |
| Branch | Alwaye Urban Co-Op Evening |
| City | Ernakulam |
| District | Aluva |
| State | Kerala |
| Address | Evening Branch Haroon Plaza M. O. Road, Aluva |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Ernakulam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0AUCB03 for the Alwaye Urban Co-Op Evening branch of Federal Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like FDRL0AUCB03 is given to every bank branch, including Federal Bank located in Alwaye Urban Co-Op Evening, Ernakulam, Kerala, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Ernakulam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ernakulam and Aluva.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Alwaye Urban Co-Op Evening doesn't end up at another location.
Format of the IFSC Code FDRL0AUCB03
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): Show the bank code. For Federal Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Alwaye Urban Co-Op Evening in Ernakulam.
For example, the IFSC Code FDRL0AUCB03 of Federal Bank for the Alwaye Urban Co-Op Evening branch includes these elements, identifying the bank and the branch location in Ernakulam and Kerala accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0AUCB03 of Federal Bank for its Alwaye Urban Co-Op Evening branch located in Ernakulam, 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 Ernakulam and Aluva, 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 Alwaye Urban Co-Op Evening or Ernakulam to get the exact IFSC Code FDRL0AUCB03.
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 Ernakulam, then it will provide you proper information.
How to Use IFSC Code FDRL0AUCB03 for Online Transfers?
Once you have the IFSC Code FDRL0AUCB03 for the Alwaye Urban Co-Op Evening branch of Federal Bank in Ernakulam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0AUCB03. 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 FDRL0AUCB03.
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 Alwaye Urban Co-Op Evening in Ernakulam, 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 Alwaye Urban Co-Op Evening, 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 Ernakulam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0AUCB03.
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 Evening Branch Haroon Plaza M. O. Road, Aluva located in Ernakulam, Aluva, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.