The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Pattamundai branch in Kendrapara, Pattamundai, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Federal Bank located in Kendrapara or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code FDRL0002159. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Federal Bank, Pattamundai, Kendrapara

Here are the main details that are associated with the IFSC Code FDRL0002159 of Federal Bank for its branch located in Kendrapara, within the district of Pattamundai in the state of Odisha.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002159
Branch Pattamundai
City Kendrapara
District Pattamundai
State Odisha
Address Agfc16And Drgc-17.Gajanan Bazar Pattamundai Po, Kendrapara Dist Odisha

These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Kendrapara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002159 for the Pattamundai 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, along with Federal Bank located in Pattamundai, Kendrapara, Odisha, are given a unique IFSC like FDRL0002159 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kendrapara.
  • 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 Kendrapara and Pattamundai.
  • 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 Pattamundai goes to the correct branch. This is important because Federal Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FDRL0002159

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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Pattamundai in Kendrapara.

For example, the IFSC Code FDRL0002159 of Federal Bank for the Pattamundai branch has these elements, identifying the bank and the branch location in Kendrapara and Odisha correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002159 of Federal Bank for its Pattamundai branch located in Kendrapara, 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

Most banks, including Federal Bank branches in Kendrapara and Pattamundai, print the IFSC and MICR codes 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 Pattamundai or Kendrapara to get the exact IFSC Code FDRL0002159.

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 Kendrapara, you'll get the correct details.

How to Use IFSC Code FDRL0002159 for Online Transfers?

Once you have the IFSC Code FDRL0002159 for the Pattamundai branch of Federal Bank in Kendrapara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002159. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Federal Bank IFSC Code FDRL0002159.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Federal Bank Pattamundai in Kendrapara, it can 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 Pattamundai, 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 Kendrapara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Pattamundai, Kendrapara?

The IFSC Code is FDRL0002159.

Is the IFSC Code FDRL0002159 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Federal Bank Pattamundai?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pattamundai branch?

The address of the branch is Agfc16And Drgc-17.Gajanan Bazar Pattamundai Po, Kendrapara Dist Odisha located in Kendrapara, Pattamundai, Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.