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 Kurundwad branch in Kolhapur, Kurundwad, Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001479. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Kurundwad, Kolhapur

Here are some of the key details that come with the IFSC Code FDRL0001479 of Federal Bank for its branch located in Kolhapur, within the district of Kurundwad in the state of Maharashtra.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0001479
Branch Kurundwad
City Kolhapur
District Kurundwad
State Maharashtra
Address Shirol Taluk Kohlapur( Dist) Maharashtra

These details helps users in online banking and for businesses and individuals who use Federal Bank in Kolhapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001479 for the Kurundwad branch of Federal Bank plays a vital 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 Kurundwad, Kolhapur, Maharashtra, is provided with a unique IFSC like FDRL0001479 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code FDRL0001479

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 Kurundwad in Kolhapur.

For example, the IFSC Code FDRL0001479 of Federal Bank for the Kurundwad branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0001479 of Federal Bank for its Kurundwad branch located in Kolhapur, 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 Kolhapur and Kurundwad, 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 Kurundwad or Kolhapur to get the exact IFSC Code FDRL0001479.

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 Kolhapur that will provide accurate information.

How to Use IFSC Code FDRL0001479 for Online Transfers?

Once you have the IFSC Code FDRL0001479 for the Kurundwad branch of Federal Bank in Kolhapur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001479. 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 FDRL0001479.

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 Kurundwad in Kolhapur, 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 Kurundwad, 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 Kolhapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Kurundwad, Kolhapur?

The IFSC Code is FDRL0001479.

Is the IFSC Code FDRL0001479 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Kurundwad branch?

The address of the branch is Shirol Taluk Kohlapur( Dist) Maharashtra located in Kolhapur, Kurundwad, Maharashtra.

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.