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 Kengeri branch in Kengeri, Kengeri, Karnataka, 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 Kengeri or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FDRL0001964. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Kengeri, Kengeri

Here are the key points that are associated with the IFSC Code FDRL0001964 of Federal Bank for its branch located in Kengeri, within the district of Kengeri in the state of Karnataka.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0001964
Branch Kengeri
City Kengeri
District Kengeri
State Karnataka
Address D.No.No.737,Kommaghatta Main Road, Kengeri Satellite Town, Bangalore,

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Kengeri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001964 for the Kengeri branch of Federal Bank has an 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, including Federal Bank located in Kengeri, Kengeri, Karnataka, is provided with a unique IFSC like FDRL0001964 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Federal Bank branch in Kengeri.
  • 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 Kengeri and Kengeri.
  • 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Kengeri do not get mixed with another location.

Format of the IFSC Code FDRL0001964

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 Kengeri in Kengeri.

For example, the IFSC Code FDRL0001964 of Federal Bank for the Kengeri branch includes these elements, identifying the bank and the branch location in Kengeri and Karnataka accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0001964 of Federal Bank for its Kengeri branch located in Kengeri, the following methods can help:

Cheque Book

The cheque books that are issued by Federal Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Federal Bank branches in Kengeri and Kengeri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Federal Bank and find the branch locator section. Search for Kengeri or Kengeri to get the exact IFSC Code FDRL0001964.

Mobile Banking App

If you use Federal Bank's mobile app, you can easily 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 to help you in searching for Federal Bank and Kengeri that will provide accurate information.

How to Use IFSC Code FDRL0001964 for Online Transfers?

Once you have the IFSC Code FDRL0001964 for the Kengeri branch of Federal Bank in Kengeri, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001964. 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 FDRL0001964.

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 Kengeri in Kengeri, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Federal Bank in Kengeri, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Kengeri to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Kengeri, Kengeri?

The IFSC Code is FDRL0001964.

Is the IFSC Code FDRL0001964 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kengeri branch?

The address of the branch is D.No.No.737,Kommaghatta Main Road, Kengeri Satellite Town, Bangalore, located in Kengeri, Kengeri, Karnataka.

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.