Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Federal Bank for its Pooyappally branch in Kollam, Kollam, or Kerala, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Federal Bank located in Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0002035. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Pooyappally, Kollam
The table below shows the main details of the IFSC Code FDRL0002035 for the Federal Bank branch in Kollam, which falls under the Kollam district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002035 |
| Branch | Pooyappally |
| City | Kollam |
| District | Kollam |
| State | Kerala |
| Address | Chamavila Alency Plaza, Pooyappally Po |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Kollam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002035 for the Pooyappally branch of Federal Bank plays a vital 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 Pooyappally, Kollam, Kerala, is provided a unique IFSC like FDRL0002035 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Kollam.
- 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 Kollam and Kollam.
- 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Pooyappally do not get misguided to another person.
Format of the IFSC Code FDRL0002035
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 Pooyappally in Kollam.
For example, the IFSC Code FDRL0002035 of Federal Bank for the Pooyappally branch includes these elements, identifying the bank and the branch location in Kollam and Kerala accurately.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0002035 of Federal Bank for its Pooyappally branch located in Kollam, the following methods can help you out:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Federal Bank branches in Kollam and Kollam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Federal Bank and go to the branch locator section. Then search for Pooyappally or Kollam to find the exact IFSC Code FDRL0002035.
Mobile Banking App
If you use Federal Bank's mobile app, you can 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. Searching for Federal Bank and Kollam will provide accurate information.
How to Use IFSC Code FDRL0002035 for Online Transfers?
Once you have the IFSC Code FDRL0002035 for the Pooyappally 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 FDRL0002035. 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 FDRL0002035.
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 Pooyappally in Kollam, it can 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 Pooyappally, 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 Kollam manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002035.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Chamavila Alency Plaza, Pooyappally Po located in Kollam, Kollam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.