The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Jajpur Road branch in Jaipur, Jajpur Road, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Federal Bank located in Jaipur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0001929. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Jajpur Road, Jaipur
Here are the key points that are associated with the IFSC Code FDRL0001929 of Federal Bank for its branch located in Jaipur, within the district of Jajpur Road in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001929 |
| Branch | Jajpur Road |
| City | Jaipur |
| District | Jajpur Road |
| State | Odisha |
| Address | T C Plaza, Chorda Bypass Square Jajpur Road P O, Jajpur (Dist) |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Jaipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001929 for the Jajpur Road 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 Jajpur Road, Jaipur, Odisha, is provided a unique IFSC like FDRL0001929 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Jaipur.
- 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 Jaipur and Jajpur Road.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Jajpur Road do not get misguided to another person.
Format of the IFSC Code FDRL0001929
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 Jajpur Road in Jaipur.
For example, the IFSC Code FDRL0001929 of Federal Bank for the Jajpur Road branch includes these elements, identifying the bank and the branch location in Jaipur and Odisha correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001929 of Federal Bank for its Jajpur Road branch located in Jaipur, 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 Jaipur and Jajpur Road, 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 Jajpur Road or Jaipur to get the exact IFSC Code FDRL0001929.
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 Jaipur, you'll get the correct details.
How to Use IFSC Code FDRL0001929 for Online Transfers?
Once you have the IFSC Code FDRL0001929 for the Jajpur Road branch of Federal Bank in Jaipur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001929. 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 FDRL0001929.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Jajpur Road in Jaipur may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Jajpur Road, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Jaipur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jajpur Road Jaipur branch is FDRL0001929.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at T C Plaza, Chorda Bypass Square Jajpur Road P O, Jajpur (Dist).
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.