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IFSC Code of Federal Bank, Kalingarayan Palayam, Erode, Tamil Nadu — FDRL0001787

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 Kalingarayan Palayam 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 FDRL0001787. 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, Kalingarayan Palayam, Erode

The table below shows the main details of the IFSC Code FDRL0001787 for the Federal Bank branch in Erode, which falls under the Erode district in Tamil Nadu.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0001787
Branch Kalingarayan Palayam
City Erode
District Erode
State Tamil Nadu
Address 5/72, Pranava Lingam Enclave Bhavani Main Road

These details helps users in online banking and for businesses and individuals who use Federal Bank in Erode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001787 for the Kalingarayan Palayam branch of Federal Bank plays a vital 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 Kalingarayan Palayam, Erode, Tamil Nadu, is provided a unique IFSC like FDRL0001787 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Federal Bank branch in Erode.
  • 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 Erode and Erode.
  • 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 Kalingarayan Palayam do not get misguided to another person.

Format of the IFSC Code FDRL0001787

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 Kalingarayan Palayam in Erode.

For example, the IFSC Code FDRL0001787 of Federal Bank for the Kalingarayan Palayam 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 FDRL0001787 of Federal Bank for its Kalingarayan Palayam 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

You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Erode and Erode, print them 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 Kalingarayan Palayam or Erode to get the exact IFSC Code FDRL0001787.

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 FDRL0001787 for Online Transfers?

If you have the IFSC Code FDRL0001787 for the Kalingarayan Palayam branch of Federal Bank in Erode, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001787. Transfers are processed in batches. 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0001787.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Kalingarayan Palayam in Erode, it 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 Kalingarayan Palayam, 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 Erode to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank Kalingarayan Palayam Erode?

The IFSC Code of the Kalingarayan Palayam Erode branch is FDRL0001787.

Is IFSC Code FDRL0001787 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 Kalingarayan Palayam branch?

The branch is located at 5/72, Pranava Lingam Enclave Bhavani Main Road.

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.

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