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 Narsobawadi branch in Kolhapur, Narsobawadi, Maharashtra, 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 Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001482. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Narsobawadi, Kolhapur
The table below shows the main details of the IFSC Code FDRL0001482 for the Federal Bank branch in Kolhapur, which falls under the Narsobawadi district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001482 |
| Branch | Narsobawadi |
| City | Kolhapur |
| District | Narsobawadi |
| State | Maharashtra |
| Address | Shirol Taluk Kolhapur District,Maharashtra |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Kolhapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001482 for the Narsobawadi branch of Federal Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Narsobawadi, Kolhapur, Maharashtra, is provided a unique IFSC like FDRL0001482 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Kolhapur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kolhapur and Narsobawadi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Narsobawadi do not get misguided to another person.
Format of the IFSC Code FDRL0001482
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 Narsobawadi in Kolhapur.
For example, the IFSC Code FDRL0001482 of Federal Bank for the Narsobawadi 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 FDRL0001482 of Federal Bank for its Narsobawadi 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 Narsobawadi, 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 Narsobawadi or Kolhapur to get the exact IFSC Code FDRL0001482.
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 FDRL0001482 for Online Transfers?
If you have the IFSC Code FDRL0001482 for the Narsobawadi branch of Federal Bank in Kolhapur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001482. 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 FDRL0001482.
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 Narsobawadi in Kolhapur, it may 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 Narsobawadi, 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)
The IFSC Code is FDRL0001482.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shirol Taluk Kolhapur District,Maharashtra located in Kolhapur, Narsobawadi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.