IFSC Code of Federal Bank, Kuttiady, Kozhikode, Kerala — FDRL0002047

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 Kuttiady branch in Kozhikode, Kozhikode, 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 Kozhikode or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0002047. 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, Kuttiady, Kozhikode

Here are some of the key details that come with the IFSC Code FDRL0002047 of Federal Bank for its branch located in Kozhikode, within the district of Kozhikode in the state of Kerala.

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 FDRL0002047 for the Kuttiady branch of Federal Bank has an important 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 Kuttiady, Kozhikode, Kerala, is provided a unique IFSC like FDRL0002047 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Federal Bank branch in Kozhikode.
• 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 Kozhikode and Kozhikode.
• 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 Kuttiady do not get misguided to another person.

Format of the IFSC Code FDRL0002047

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 Kuttiady in Kozhikode.

For example, the IFSC Code FDRL0002047 of Federal Bank for the Kuttiady 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 trying to find the IFSC Code FDRL0002047 of Federal Bank for its Kuttiady branch located in Kozhikode, 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 Kozhikode and Kozhikode, 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 Kuttiady or Kozhikode to get the exact IFSC Code FDRL0002047.

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 Kozhikode that will provide accurate information.

How to Use IFSC Code FDRL0002047 for Online Transfers?

If you have the IFSC Code FDRL0002047 for the Kuttiady branch of Federal Bank in Kozhikode, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002047. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0002047.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Kuttiady in Kozhikode, it may 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 Kuttiady, 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.