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 Mangalore-Kankanady branch in Mangalore, Mangalore, Karnataka, 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 Mangalore or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code FDRL0001770. 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, Mangalore-Kankanady, Mangalore
Below in the table are the key details related to IFSC Code FDRL0001770 of Federal Bank for its branch located in Mangalore, within the district of Mangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001770 |
| Branch | Mangalore-Kankanady |
| City | Mangalore |
| District | Mangalore |
| State | Karnataka |
| Address | Ground Floor, Presidency Vintage, Kankanady Junction |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Mangalore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001770 for the Mangalore-Kankanady branch of Federal Bank plays 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 Mangalore-Kankanady, Mangalore, Karnataka, are allotted a unique IFSC like FDRL0001770 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mangalore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mangalore and Mangalore.
- 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 Mangalore-Kankanady reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code FDRL0001770
The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mangalore-Kankanady in Mangalore.
For example, the IFSC Code FDRL0001770 of Federal Bank for the Mangalore-Kankanady branch includes these elements, identifying the bank and the branch location in Mangalore and Karnataka accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001770 of Federal Bank for its Mangalore-Kankanady branch located in Mangalore, 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 Mangalore and Mangalore, 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 Mangalore-Kankanady or Mangalore to get the exact IFSC Code FDRL0001770.
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 Mangalore that will provide accurate information.
How to Use IFSC Code FDRL0001770 for Online Transfers?
If you have the IFSC Code FDRL0001770 for the Mangalore-Kankanady branch of Federal Bank in Mangalore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001770. 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 FDRL0001770.
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 Mangalore-Kankanady in Mangalore, it 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 Mangalore-Kankanady, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Mangalore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001770.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Presidency Vintage, Kankanady Junction located in Mangalore, Mangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.