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 Manimala branch in Kottayam, Kottayam, Kerala, 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 Kottayam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001950. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Manimala, Kottayam
Below in the table are the key details related to IFSC Code FDRL0001950 of Federal Bank for its branch located in Kottayam, within the district of Kottayam in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001950 |
| Branch | Manimala |
| City | Kottayam |
| District | Kottayam |
| State | Kerala |
| Address | Padinjaremuriyil Buildings, Moongani, Manimala P. O |
These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Kottayam for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001950 for the Manimala 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0001950 is given to every bank branch, including Federal Bank located in Manimala, Kottayam, Kerala, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Kottayam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Kottayam and Kottayam.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Kerala and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Manimala doesn't end up at another location.
Format of the IFSC Code FDRL0001950
The format of the IFSC Code for banks, including Federal Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Federal Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Manimala in Kottayam.
For example, the IFSC Code FDRL0001950 of Federal Bank for the Manimala branch includes these elements, identifying the bank and the branch location in Kottayam and Kerala correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001950 of Federal Bank for its Manimala branch located in Kottayam, 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 Kottayam and Kottayam, 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 Manimala or Kottayam to get the exact IFSC Code FDRL0001950.
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 Kottayam that will provide accurate information.
How to Use IFSC Code FDRL0001950 for Online Transfers?
Once you have the IFSC Code FDRL0001950 for the Manimala branch of Federal Bank in Kottayam, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001950. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0001950.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Manimala in Kottayam, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Federal Bank in Manimala, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Federal Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kottayam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001950.
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 Padinjaremuriyil Buildings, Moongani, Manimala P. O located in Kottayam, Kottayam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.