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 Kolkata / Burra Bazar branch in Kolkata, Kolkata, West Bengal, 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 Kolkata or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code FDRL0001157. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Kolkata / Burra Bazar, Kolkata
Here are the main details that are associated with the IFSC Code FDRL0001157 of Federal Bank for its branch located in Kolkata, within the district of Kolkata in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001157 |
| Branch | Kolkata / Burra Bazar |
| City | Kolkata |
| District | Kolkata |
| State | West Bengal |
| Address | 33A Tara Chand Dutta Street Burra Bazar Kolkata |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Kolkata for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001157 for the Kolkata / Burra Bazar 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 Kolkata / Burra Bazar, Kolkata, West Bengal, are given a unique IFSC like FDRL0001157 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolkata.
- 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 Kolkata and Kolkata.
- 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 Kolkata / Burra Bazar goes to the correct branch. This is important because Federal Bank has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0001157
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 Kolkata / Burra Bazar in Kolkata.
For example, the IFSC Code FDRL0001157 of Federal Bank for the Kolkata / Burra Bazar branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001157 of Federal Bank for its Kolkata / Burra Bazar branch located in Kolkata, 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 Kolkata and Kolkata, 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 Kolkata / Burra Bazar or Kolkata to get the exact IFSC Code FDRL0001157.
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 Kolkata that will provide accurate information.
How to Use IFSC Code FDRL0001157 for Online Transfers?
If you have the IFSC Code FDRL0001157 for the Kolkata / Burra Bazar branch of Federal Bank in Kolkata, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001157. 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 FDRL0001157.
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 Kolkata / Burra Bazar in Kolkata, 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 Kolkata / Burra Bazar, 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 Kolkata to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kolkata / Burra Bazar Kolkata branch is FDRL0001157.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 33A Tara Chand Dutta Street Burra Bazar Kolkata.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.