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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Federal Bank for its Erumely branch in Erumely, Erumely, or Kerala, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Federal Bank located in Erumely or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001140. 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, Erumely, Erumely
Below in the table are the key details related to IFSC Code FDRL0001140 of Federal Bank for its branch located in Erumely, within the district of Erumely in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001140 |
| Branch | Erumely |
| City | Erumely |
| District | Erumely |
| State | Kerala |
| Address | Bus Stand Road Erumeli Erumeli |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Erumely for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001140 for the Erumely 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 provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Erumely, Erumely, Kerala, is provided with a unique IFSC like FDRL0001140 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Erumely.
- 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 Erumely and Erumely.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Erumely do not get mixed with another location.
Format of the IFSC Code FDRL0001140
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 Erumely in Erumely.
For example, the IFSC Code FDRL0001140 of Federal Bank for the Erumely branch includes these elements, identifying the bank and the branch location in Erumely and Kerala accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0001140 of Federal Bank for its Erumely branch located in Erumely, 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 Erumely and Erumely, 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 Erumely or Erumely to get the exact IFSC Code FDRL0001140.
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 Erumely, then it will provide you proper information.
How to Use IFSC Code FDRL0001140 for Online Transfers?
Once you have the IFSC Code FDRL0001140 for the Erumely branch of Federal Bank in Erumely, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001140. 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 FDRL0001140.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Erumely in Erumely, 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 Erumely, 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 Erumely manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001140.
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 Bus Stand Road Erumeli Erumeli located in Erumely, Erumely, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.