There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Thottilpalam branch in Kozhikode, Thottilpalam, Kerala, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Kozhikode or anywhere in Kerala can easily transfer funds instantly by using the correct IFSC Code FDRL0001172. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Thottilpalam, Kozhikode
Here are some of the key details that come with the IFSC Code FDRL0001172 of Federal Bank for its branch located in Kozhikode, within the district of Thottilpalam in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001172 |
| Branch | Thottilpalam |
| City | Kozhikode |
| District | Thottilpalam |
| State | Kerala |
| Address | Thottilpalam Kavilumpara P O Kozhikode Dist. |
These details help users in online banking and for businesses and individuals who use Federal Bank in Kozhikode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001172 for the Thottilpalam branch of Federal Bank has a very 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 Thottilpalam, Kozhikode, Kerala, are allotted a unique IFSC like FDRL0001172 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 confusion between different branches of the same bank in places like Kozhikode and Thottilpalam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Federal Bank in Thottilpalam reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code FDRL0001172
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 Thottilpalam in Kozhikode.
For example, the IFSC Code FDRL0001172 of Federal Bank for the Thottilpalam 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 FDRL0001172 of Federal Bank for its Thottilpalam branch located in Kozhikode, 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
Most banks, including Federal Bank branches in Kozhikode and Thottilpalam, print the IFSC and MICR codes 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 Thottilpalam or Kozhikode to get the exact IFSC Code FDRL0001172.
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 Kozhikode, you'll get the correct details.
How to Use IFSC Code FDRL0001172 for Online Transfers?
Once you have the IFSC Code FDRL0001172 for the Thottilpalam branch of Federal Bank in Kozhikode, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001172. Transfers are processed in batches. This is 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0001172.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Thottilpalam in Kozhikode may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Federal Bank in Thottilpalam, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Kozhikode to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001172.
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 Thottilpalam Kavilumpara P O Kozhikode Dist. located in Kozhikode, Thottilpalam, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.