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 Cheruvannoor branch in Kozhikode, Cheruvannoor, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001110. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Cheruvannoor, Kozhikode
Here are the main details that are associated with the IFSC Code FDRL0001110 of Federal Bank for its branch located in Kozhikode, within the district of Cheruvannoor in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001110 |
| Branch | Cheruvannoor |
| City | Kozhikode |
| District | Cheruvannoor |
| State | Kerala |
| Address | P. B. No.35 Cheruvannur Feroke |
These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Kozhikode for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001110 for the Cheruvannoor 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 Cheruvannoor, Kozhikode, Kerala, are given a unique IFSC like FDRL0001110 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kozhikode.
- 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 Kozhikode and Cheruvannoor.
- 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 Cheruvannoor goes to the correct branch. This is important because Federal Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0001110
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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Cheruvannoor in Kozhikode.
For example, the IFSC Code FDRL0001110 of Federal Bank for the Cheruvannoor branch has these elements, identifying the bank and the branch location in Kozhikode and Kerala correctly.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0001110 of Federal Bank for its Cheruvannoor branch located in Kozhikode, the following methods can help:
Cheque Book
The cheque book that is issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Federal Bank branches in Kozhikode and Cheruvannoor, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Federal Bank and look for the branch locator section, then search for Cheruvannoor or Kozhikode to get the exact IFSC Code FDRL0001110.
Mobile Banking App
If you use Federal Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Federal Bank and Kozhikode, then it will provide you proper information.
How to Use IFSC Code FDRL0001110 for Online Transfers?
Once you have the IFSC Code FDRL0001110 for the Cheruvannoor branch of Federal Bank in Kozhikode, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001110. 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 FDRL0001110.
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 Cheruvannoor in Kozhikode, 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 Cheruvannoor, 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 Kozhikode manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Cheruvannoor Kozhikode branch is FDRL0001110.
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 P. B. No.35 Cheruvannur Feroke.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.