The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Valanchery branch in Malappuram, Valanchery, Kerala, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Federal Bank located in Malappuram or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001468. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Valanchery, Malappuram
Here are the key points that are associated with the IFSC Code FDRL0001468 of Federal Bank for its branch located in Malappuram, within the district of Valanchery in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001468 |
| Branch | Valanchery |
| City | Malappuram |
| District | Valanchery |
| State | Kerala |
| Address | Ptp Tower Opp.Panchayath Office Valanchery |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Malappuram for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001468 for the Valanchery branch of Federal Bank is vital.
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 Valanchery, Malappuram, Kerala, are allotted a unique IFSC like FDRL0001468 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Malappuram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Malappuram and Valanchery.
- 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 Valanchery reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code FDRL0001468
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 Valanchery in Malappuram.
For example, the IFSC Code FDRL0001468 of Federal Bank for the Valanchery branch includes these elements, identifying the bank and the branch location in Malappuram and Kerala correctly.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0001468 of Federal Bank for its Valanchery branch located in Malappuram, 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 Malappuram and Valanchery, 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 Valanchery or Malappuram to get the exact IFSC Code FDRL0001468.
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 Malappuram, then it will provide you proper information.
How to Use IFSC Code FDRL0001468 for Online Transfers?
Once you have the IFSC Code FDRL0001468 for the Valanchery branch of Federal Bank in Malappuram, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001468. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 FDRL0001468.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Valanchery in Malappuram, your payment can get delayed or might not go through at all.
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 Valanchery, 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 Malappuram to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Valanchery Malappuram branch is FDRL0001468.
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 Ptp Tower Opp.Panchayath Office Valanchery.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.