IFSC Code of Federal Bank, Chemberi, Chemberi, Kerala — FDRL0001116

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 Chemberi branch in Kannur, Chemberi, or Kerala, 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 Kannur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001116. 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, Chemberi, Kannur

Here are some of the key details that come with the IFSC Code FDRL0001116 of Federal Bank for its branch located in Kannur, within the district of Chemberi in the state of Kerala.

These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Kannur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001116 for the Chemberi 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0001116 is given to every bank branch, including Federal Bank located in Chemberi, Kannur, Kerala, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Federal Bank branch in Kannur.
• 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 Kannur and Chemberi.
• 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 Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Chemberi doesn't end up at another location.

Format of the IFSC Code FDRL0001116

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 Chemberi in Kannur.

For example, the IFSC Code FDRL0001116 of Federal Bank for the Chemberi branch includes these elements, identifying the bank and the branch location in Kannur and Kerala accurately.

How to Find IFSC Code for Federal Bank?

To find the IFSC Code FDRL0001116 of Federal Bank for its Chemberi branch located in Kannur, 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 Kannur and Chemberi, 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 Chemberi or Kannur to find the exact IFSC Code FDRL0001116.

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 Kannur will provide accurate information.

How to Use IFSC Code FDRL0001116 for Online Transfers?

Once you have the IFSC Code FDRL0001116 for the Chemberi branch of Federal Bank in Kannur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0001116. 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 FDRL0001116.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Chemberi in Kannur, 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 Chemberi, 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 Kannur manage online transfers as well as cheque clearances with ease.