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 Palra branch in Gurgaon, Gurgaon, Haryana, 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 Gurgaon or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code FDRL0002236. 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, Palra, Gurgaon
The table below shows the main details of the IFSC Code FDRL0002236 for the Federal Bank branch in Gurgaon, which falls under the Gurgaon district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002236 |
| Branch | Palra |
| City | Gurgaon |
| District | Gurgaon |
| State | Haryana |
| Address | Sector 70 A, Post Palra, Gurgaon, Haryana, 122103 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Gurgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002236 for the Palra 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, including Federal Bank located in Palra, Gurgaon, Haryana, is provided with a unique IFSC like FDRL0002236 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Gurgaon.
- 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 Gurgaon and Gurgaon.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Palra do not get mixed with another location.
Format of the IFSC Code FDRL0002236
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 Palra in Gurgaon.
For example, the IFSC Code FDRL0002236 of Federal Bank for the Palra branch includes these elements, identifying the bank and the branch location in Gurgaon and Haryana accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002236 of Federal Bank for its Palra branch located in Gurgaon, 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 Gurgaon and Gurgaon, 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 Palra or Gurgaon to get the exact IFSC Code FDRL0002236.
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 Gurgaon, you'll get the correct details.
How to Use IFSC Code FDRL0002236 for Online Transfers?
Once you have the IFSC Code FDRL0002236 for the Palra branch of Federal Bank in Gurgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002236. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 FDRL0002236.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Palra in Gurgaon, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Federal Bank in Palra, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Federal Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Gurgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002236.
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 Sector 70 A, Post Palra, Gurgaon, Haryana, 122103 located in Gurgaon, Gurgaon, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.