There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Ilambal branch in Kollam, Ilambal, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Kollam or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code FDRL0001270. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Ilambal, Kollam
Below in the table are the key details related to IFSC Code FDRL0001270 of Federal Bank for its branch located in Kollam, within the district of Ilambal in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001270 |
| Branch | Ilambal |
| City | Kollam |
| District | Ilambal |
| State | Kerala |
| Address | Ilambal Ilambal Punalur (Via) |
These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Kollam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001270 for the Ilambal 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, along with Federal Bank located in Ilambal, Kollam, Kerala, are allotted a unique IFSC like FDRL0001270 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kollam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kollam and Ilambal.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Federal Bank in Ilambal reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code FDRL0001270
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 Ilambal in Kollam.
For example, the IFSC Code FDRL0001270 of Federal Bank for the Ilambal branch includes these elements, identifying the bank and the branch location in Kollam and Kerala accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001270 of Federal Bank for its Ilambal branch located in Kollam, 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 Kollam and Ilambal, 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 Ilambal or Kollam to get the exact IFSC Code FDRL0001270.
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 Kollam that will provide accurate information.
How to Use IFSC Code FDRL0001270 for Online Transfers?
Once you have the IFSC Code FDRL0001270 for the Ilambal branch of Federal Bank in Kollam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001270. 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 FDRL0001270.
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 Ilambal in Kollam, 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 Ilambal, 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 Kollam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001270.
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 Ilambal Ilambal Punalur (Via) located in Kollam, Ilambal, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.