IFSC Code of Federal Bank, Shirol, Shirol, Maharashtra — FDRL0001485

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 Shirol branch in Kolhapur, Shirol, 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 FDRL0001485. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Shirol, Kolhapur

Here are the main details that are associated with the IFSC Code FDRL0001485 of Federal Bank for its branch located in Kolhapur, within the district of Shirol in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Kolhapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001485 for the Shirol 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, including Federal Bank located in Shirol, Kolhapur, Maharashtra, is provided with a unique IFSC like FDRL0001485 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 Shirol.
• 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 Shirol do not get mixed with another location.

Format of the IFSC Code FDRL0001485

This is the format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Federal Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shirol in Kolhapur.

For example, the IFSC Code FDRL0001485 of Federal Bank for the Shirol 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 looking for the IFSC Code FDRL0001485 of Federal Bank for its Shirol branch located in Kolhapur, the following methods can help:

Cheque Book

The cheque book that is issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Federal Bank and look for the branch locator section, then search for Shirol or Kolhapur to get the exact IFSC Code FDRL0001485.

Mobile Banking App

If you use Federal Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Federal Bank and Kolhapur, then it will provide you proper information.

How to Use IFSC Code FDRL0001485 for Online Transfers?

If you have the IFSC Code FDRL0001485 for the Shirol 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 FDRL0001485. 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 FDRL0001485.

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 Shirol in Kolhapur, it may 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 Shirol, 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 Kolhapur manage their online transfers and cheque clearances easily.