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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Federal Bank for its Cherupuzha branch in Kannur, Cherupuzha, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly 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 FDRL0001160. 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, Cherupuzha, Kannur
Here are the main details that are associated with the IFSC Code FDRL0001160 of Federal Bank for its branch located in Kannur, within the district of Cherupuzha in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001160 |
| Branch | Cherupuzha |
| City | Kannur |
| District | Cherupuzha |
| State | Kerala |
| Address | Ground Floor,The Landmark Building Kannur Dist |
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 FDRL0001160 for the Cherupuzha 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 FDRL0001160 is given to every bank branch, including Federal Bank located in Cherupuzha, 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 Cherupuzha.
- 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 Cherupuzha doesn't end up at another location.
Format of the IFSC Code FDRL0001160
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): 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 Cherupuzha in Kannur.
For example, the IFSC Code FDRL0001160 of Federal Bank for the Cherupuzha branch includes these elements, identifying the bank and the branch location in Kannur and Kerala accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0001160 of Federal Bank for its Cherupuzha branch located in Kannur, the following methods can help:
Cheque Book
The cheque book that is issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Federal Bank branches in Kannur and Cherupuzha, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Federal Bank and look for the branch locator section, then search for Cherupuzha or Kannur to get the exact IFSC Code FDRL0001160.
Mobile Banking App
If you use Federal Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Federal Bank and Kannur, then it will provide you proper information.
How to Use IFSC Code FDRL0001160 for Online Transfers?
If you have the IFSC Code FDRL0001160 for the Cherupuzha branch of Federal Bank in Kannur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001160. Transfers are processed in batches. 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0001160.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Cherupuzha in Kannur, it 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 Cherupuzha, 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 Kannur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001160.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,The Landmark Building Kannur Dist located in Kannur, Cherupuzha, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.