IFSC Code of Federal Bank, Hazaribagh, Hazaribagh, Jharkhand — FDRL0002506

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 Hazaribagh branch in Hazaribagh, Hazaribagh, or Jharkhand, 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 Hazaribagh or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code FDRL0002506. 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, Hazaribagh, Hazaribagh

Here are some of the key details that come with the IFSC Code FDRL0002506 of Federal Bank for its branch located in Hazaribagh, within the district of Hazaribagh in the state of Jharkhand.

These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Hazaribagh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002506 for the Hazaribagh 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 Hazaribagh, Hazaribagh, Jharkhand, is provided with a unique IFSC like FDRL0002506 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Federal Bank branch in Hazaribagh.
• 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 Hazaribagh and Hazaribagh.
• 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Hazaribagh do not get mixed with another location.

Format of the IFSC Code FDRL0002506

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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Hazaribagh in Hazaribagh.

For example, the IFSC Code FDRL0002506 of Federal Bank for the Hazaribagh branch has these elements, identifying the bank and the branch location in Hazaribagh and Jharkhand correctly.

How to Find IFSC Code for Federal Bank?

To find the IFSC Code FDRL0002506 of Federal Bank for its Hazaribagh branch located in Hazaribagh, the following methods can help you out:

Cheque Book

The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Federal Bank branches in Hazaribagh and Hazaribagh, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Federal Bank and go to the branch locator section. Then search for Hazaribagh or Hazaribagh to find the exact IFSC Code FDRL0002506.

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 maintains an updated database of all IFSC codes. Searching for Federal Bank and Hazaribagh will provide accurate information.

How to Use IFSC Code FDRL0002506 for Online Transfers?

Once you have the IFSC Code FDRL0002506 for the Hazaribagh branch of Federal Bank in Hazaribagh, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002506. Transfers are processed in batches. This is 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0002506.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Hazaribagh in Hazaribagh may result in delayed or failed transactions.

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 Hazaribagh, 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 Hazaribagh manage online transfers as well as cheque clearances with ease.