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 Arsikere branch in Hassan, Hassan, or Karnataka, 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 Hassan or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FDRL0002030. 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, Arsikere, Hassan
Below in the table are the key details related to IFSC Code FDRL0002030 of Federal Bank for its branch located in Hassan, within the district of Hassan in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002030 |
| Branch | Arsikere |
| City | Hassan |
| District | Hassan |
| State | Karnataka |
| Address | Near Lic Office Bh Road, Arsikere |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Hassan for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002030 for the Arsikere 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 Arsikere, Hassan, Karnataka, is provided with a unique IFSC like FDRL0002030 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Hassan.
- 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 Hassan and Hassan.
- 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Arsikere do not get mixed with another location.
Format of the IFSC Code FDRL0002030
The format of the IFSC Code for banks, including Federal Bank, has 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 Arsikere in Hassan.
For example, the IFSC Code FDRL0002030 of Federal Bank for the Arsikere branch includes these elements, identifying the bank and the branch location in Hassan and Karnataka correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002030 of Federal Bank for its Arsikere branch located in Hassan, the following methods can help:
Cheque Book
The cheque books that are issued by Federal Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Federal Bank branches in Hassan and Hassan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Federal Bank and find the branch locator section. Search for Arsikere or Hassan to get the exact IFSC Code FDRL0002030.
Mobile Banking App
If you use Federal Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Federal Bank and Hassan that will provide accurate information.
How to Use IFSC Code FDRL0002030 for Online Transfers?
Once you have the IFSC Code FDRL0002030 for the Arsikere branch of Federal Bank in Hassan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002030. 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 FDRL0002030.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Arsikere in Hassan, 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 Arsikere, 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 Hassan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002030.
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 Near Lic Office Bh Road, Arsikere located in Hassan, Hassan, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.