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 Jamshedpur branch in Jamshedpur, Jamshedpur, Jharkhand, 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 Jamshedpur or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code FDRL0001197. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Jamshedpur, Jamshedpur
The table below shows the main details of the IFSC Code FDRL0001197 for the Federal Bank branch in Jamshedpur, which falls under the Jamshedpur district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001197 |
| Branch | Jamshedpur |
| City | Jamshedpur |
| District | Jamshedpur |
| State | Jharkhand |
| Address | P B No. 169 Awtarbuilding Mainroad Bistupur Jamshedpur |
These details help users in online banking and for businesses and individuals who use Federal Bank in Jamshedpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001197 for the Jamshedpur branch of Federal Bank has a very important 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 Jamshedpur, Jamshedpur, Jharkhand, is provided a unique IFSC like FDRL0001197 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Jamshedpur.
- 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 Jamshedpur and Jamshedpur.
- 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Jamshedpur do not get misguided to another person.
Format of the IFSC Code FDRL0001197
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 Jamshedpur in Jamshedpur.
For example, the IFSC Code FDRL0001197 of Federal Bank for the Jamshedpur branch has these elements, identifying the bank and the branch location in Jamshedpur and Jharkhand correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001197 of Federal Bank for its Jamshedpur branch located in Jamshedpur, 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 Jamshedpur and Jamshedpur, 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 Jamshedpur or Jamshedpur to get the exact IFSC Code FDRL0001197.
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 Jamshedpur that will provide accurate information.
How to Use IFSC Code FDRL0001197 for Online Transfers?
Once you have the IFSC Code FDRL0001197 for the Jamshedpur branch of Federal Bank in Jamshedpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001197. 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 FDRL0001197.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Jamshedpur in Jamshedpur, 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 Jamshedpur, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Jamshedpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001197.
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 P B No. 169 Awtarbuilding Mainroad Bistupur Jamshedpur located in Jamshedpur, Jamshedpur, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
