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 Esanthimangalam branch in Kanyakumari, Esanthimangalam, Tamil Nadu, 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 Kanyakumari or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002103. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Esanthimangalam, Kanyakumari
Here are some of the key details that come with the IFSC Code FDRL0002103 of Federal Bank for its branch located in Kanyakumari, within the district of Esanthimangalam in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002103 |
| Branch | Esanthimangalam |
| City | Kanyakumari |
| District | Esanthimangalam |
| State | Tamil Nadu |
| Address | Building No.4/1/3, Naval Nagar Complex Navalkadu, Esanthimangalam, Kanyakumari |
These details help users in online banking and for businesses and individuals who use Federal Bank in Kanyakumari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002103 for the Esanthimangalam 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 provided by the Reserve Bank of India. Every bank branch, along with Federal Bank located in Esanthimangalam, Kanyakumari, Tamil Nadu, are given a unique IFSC like FDRL0002103 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kanyakumari.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kanyakumari and Esanthimangalam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Federal Bank in Esanthimangalam goes to the correct branch. This is important because Federal Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0002103
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 Esanthimangalam in Kanyakumari.
For example, the IFSC Code FDRL0002103 of Federal Bank for the Esanthimangalam branch includes these elements, identifying the bank and the branch location in Kanyakumari and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0002103 of Federal Bank for its Esanthimangalam branch located in Kanyakumari, 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 Kanyakumari and Esanthimangalam, 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 Esanthimangalam or Kanyakumari to find the exact IFSC Code FDRL0002103.
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 Kanyakumari will provide accurate information.
How to Use IFSC Code FDRL0002103 for Online Transfers?
Once you have the IFSC Code FDRL0002103 for the Esanthimangalam branch of Federal Bank in Kanyakumari, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002103. 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 FDRL0002103.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Esanthimangalam in Kanyakumari, your payment can get delayed or might not go through at all.
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 Esanthimangalam, 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 Kanyakumari manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002103.
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 Building No.4/1/3, Naval Nagar Complex Navalkadu, Esanthimangalam, Kanyakumari located in Kanyakumari, Esanthimangalam, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.