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 Gobichettipalayam branch in Erode, Erode, Tamil Nadu, 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 Erode or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code FDRL0002319. 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, Gobichettipalayam, Erode
Below in the table are the key details related to IFSC Code FDRL0002319 of Federal Bank for its branch located in Erode, within the district of Erode in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002319 |
| Branch | Gobichettipalayam |
| City | Erode |
| District | Erode |
| State | Tamil Nadu |
| Address | 100 Old Hospital Road, Near Mgr Statue, Veerapandi Village, Gobichettipalayam - 638452 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Erode for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002319 for the Gobichettipalayam branch of Federal Bank plays 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, including Federal Bank located in Gobichettipalayam, Erode, Tamil Nadu, is provided with a unique IFSC like FDRL0002319 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Erode.
- 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 Erode and Erode.
- 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Gobichettipalayam do not get mixed with another location.
Format of the IFSC Code FDRL0002319
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 Gobichettipalayam in Erode.
For example, the IFSC Code FDRL0002319 of Federal Bank for the Gobichettipalayam branch includes these elements, identifying the bank and the branch location in Erode and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002319 of Federal Bank for its Gobichettipalayam branch located in Erode, 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 Erode and Erode, 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 Gobichettipalayam or Erode to get the exact IFSC Code FDRL0002319.
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 Erode, you'll get the correct details.
How to Use IFSC Code FDRL0002319 for Online Transfers?
Once you have the IFSC Code FDRL0002319 for the Gobichettipalayam branch of Federal Bank in Erode, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002319. The transfer is completed in batches instead of instantly. It is useful for both 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 FDRL0002319.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Gobichettipalayam in Erode, 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 Gobichettipalayam, 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 Erode manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002319.
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 100 Old Hospital Road, Near Mgr Statue, Veerapandi Village, Gobichettipalayam - 638452 located in Erode, Erode, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.