For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Guwahati / Paltan Bazar branch in Kamrup, Guwahati, Assam, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Kamrup or anywhere in Assam can transfer funds instantly by using the correct IFSC Code FDRL0001924. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Guwahati / Paltan Bazar, Kamrup
Here are some of the key details that come with the IFSC Code FDRL0001924 of Federal Bank for its branch located in Kamrup, within the district of Guwahati in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001924 |
| Branch | Guwahati / Paltan Bazar |
| City | Kamrup |
| District | Guwahati |
| State | Assam |
| Address | Ramanand Tower, G.S.Road, Paltan Bazar Kamrup District |
These details help users in online banking and for businesses and individuals who use Federal Bank in Kamrup for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001924 for the Guwahati / Paltan Bazar 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like FDRL0001924 is given to every bank branch, including Federal Bank located in Guwahati / Paltan Bazar, Kamrup, Assam, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Kamrup.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Kamrup and Guwahati.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Assam and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Guwahati / Paltan Bazar doesn't end up at another location.
Format of the IFSC Code FDRL0001924
The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Guwahati / Paltan Bazar in Kamrup.
For example, the IFSC Code FDRL0001924 of Federal Bank for the Guwahati / Paltan Bazar branch includes these elements, identifying the bank and the branch location in Kamrup and Assam accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001924 of Federal Bank for its Guwahati / Paltan Bazar branch located in Kamrup, 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 Kamrup and Guwahati, 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 Guwahati / Paltan Bazar or Kamrup to get the exact IFSC Code FDRL0001924.
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 Kamrup that will provide accurate information.
How to Use IFSC Code FDRL0001924 for Online Transfers?
Once you have the IFSC Code FDRL0001924 for the Guwahati / Paltan Bazar branch of Federal Bank in Kamrup, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001924. 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 FDRL0001924.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Guwahati / Paltan Bazar in Kamrup, 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 Guwahati / Paltan Bazar, 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 Kamrup to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001924.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ramanand Tower, G.S.Road, Paltan Bazar Kamrup District located in Kamrup, Guwahati, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.