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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Federal Bank for its Perumathura branch in Kottayam, Perumathura, Kerala, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Federal Bank located in Kottayam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001217. 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, Perumathura, Kottayam
The table below shows the main details of the IFSC Code FDRL0001217 for the Federal Bank branch in Kottayam, which falls under the Perumathura district in Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001217 |
| Branch | Perumathura |
| City | Kottayam |
| District | Perumathura |
| State | Kerala |
| Address | Perumathura Perumathura Puthenkurichi 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 FDRL0001217 for the Perumathura 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, including Federal Bank located in Perumathura, Kottayam, Kerala, is provided with a unique IFSC like FDRL0001217 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Kottayam and Perumathura.
- 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 Kerala and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Perumathura do not get mixed with another location.
Format of the IFSC Code FDRL0001217
The format of the IFSC Code for banks, including Federal Bank, follows 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 Perumathura in Kottayam.
For example, the IFSC Code FDRL0001217 of Federal Bank for the Perumathura branch includes these elements, identifying the bank and the branch location in Kottayam and Kerala accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001217 of Federal Bank for its Perumathura branch located in Kottayam, the following methods can help:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Kottayam and Perumathura, print them on the first page of your passbook.
Bank Website
Visit the official website of Federal Bank and navigate to the branch locator section. Search for Perumathura or Kottayam to get the exact IFSC Code FDRL0001217.
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 keeps an updated list of all IFSC codes. If you search for Federal Bank and Kottayam, you'll get the correct details.
How to Use IFSC Code FDRL0001217 for Online Transfers?
Once you have the IFSC Code FDRL0001217 for the Perumathura branch of Federal Bank in Kottayam, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001217. 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 FDRL0001217.
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 Perumathura in Kottayam, 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 Perumathura, 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 Kottayam manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001217.
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 Perumathura Perumathura Puthenkurichi P O located in Kottayam, Perumathura, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.