IFSC Code of Federal Bank, Kannur/South Bazar, Kannur, Kerala- FDRL0001461

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 Kannur/South Bazar branch in Kannur, Kannur, 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 FDRL0001461. 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, Kannur/South Bazar, Kannur

Here are some of the key details that come with the IFSC Code FDRL0001461 of Federal Bank for its branch located in Kannur, within the district of Kannur in the state of Kerala.

These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Kannur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001461 for the Kannur/South Bazar branch of Federal Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Kannur/South Bazar, Kannur, Kerala, is provided with a unique IFSC like FDRL0001461 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Kannur and Kannur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Kannur/South Bazar do not get mixed with another location.

Format of the IFSC Code FDRL0001461

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 Kannur/South Bazar in Kannur.

For example, the IFSC Code FDRL0001461 of Federal Bank for the Kannur/South Bazar 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 trying to find the IFSC Code FDRL0001461 of Federal Bank for its Kannur/South Bazar branch located in Kannur, 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

You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Kannur and Kannur, print them 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 Kannur/South Bazar or Kannur to get the exact IFSC Code FDRL0001461.

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 Kannur, you'll get the correct details.

How to Use IFSC Code FDRL0001461 for Online Transfers?

If you have the IFSC Code FDRL0001461 for the Kannur/South Bazar 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 FDRL0001461. 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 FDRL0001461.

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 Kannur/South Bazar in Kannur, it may result in delayed or failed transactions.

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 Kannur/South Bazar, 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.