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 Mumbai / Bandra (West) branch in Mumbai Suburban, Mumbai, Maharashtra, 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 Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001398. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Mumbai / Bandra (West), Mumbai Suburban
Here are the key points that are associated with the IFSC Code FDRL0001398 of Federal Bank for its branch located in Mumbai Suburban, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001398 |
| Branch | Mumbai / Bandra (West) |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | B-989 Casa Adriana 15 St.Johnbaptistroad Bandra(West Mumbai |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Mumbai Suburban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001398 for the Mumbai / Bandra (West) branch of Federal Bank plays a vital 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 Mumbai / Bandra (West), Mumbai Suburban, Maharashtra, is provided a unique IFSC like FDRL0001398 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Mumbai Suburban.
- 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 Mumbai Suburban and Mumbai.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Mumbai / Bandra (West) do not get misguided to another person.
Format of the IFSC Code FDRL0001398
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 Mumbai / Bandra (West) in Mumbai Suburban.
For example, the IFSC Code FDRL0001398 of Federal Bank for the Mumbai / Bandra (West) branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001398 of Federal Bank for its Mumbai / Bandra (West) branch located in Mumbai Suburban, 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 Mumbai Suburban and Mumbai, 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 Mumbai / Bandra (West) or Mumbai Suburban to get the exact IFSC Code FDRL0001398.
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 Mumbai Suburban, you'll get the correct details.
How to Use IFSC Code FDRL0001398 for Online Transfers?
Once you have the IFSC Code FDRL0001398 for the Mumbai / Bandra (West) branch of Federal Bank in Mumbai Suburban, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001398. 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 FDRL0001398.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Mumbai / Bandra (West) in Mumbai Suburban 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 Mumbai / Bandra (West), 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 Mumbai Suburban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001398.
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 B-989 Casa Adriana 15 St.Johnbaptistroad Bandra(West Mumbai located in Mumbai Suburban, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.