IFSC Code of Federal Bank, Mumbai / Borivili, Mumbai, Maharashtra- FDRL0001391

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 Mumbai / Borivili branch in Mumbai Suburban, Mumbai, or Maharashtra, 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 Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001391. 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, Mumbai / Borivili, Mumbai Suburban

The table below shows the main details of the IFSC Code FDRL0001391 for the Federal Bank branch in Mumbai Suburban, which falls under the Mumbai district in Maharashtra.

These details help 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 FDRL0001391 for the Mumbai / Borivili 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Mumbai / Borivili, Mumbai Suburban, Maharashtra, is provided a unique IFSC like FDRL0001391 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 / Borivili do not get misguided to another person.

Format of the IFSC Code FDRL0001391

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): 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 / Borivili in Mumbai Suburban.

For example, the IFSC Code FDRL0001391 of Federal Bank for the Mumbai / Borivili branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0001391 of Federal Bank for its Mumbai / Borivili branch located in Mumbai Suburban, 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 Mumbai Suburban and Mumbai, 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 Mumbai / Borivili or Mumbai Suburban to get the exact IFSC Code FDRL0001391.

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 Mumbai Suburban that will provide accurate information.

How to Use IFSC Code FDRL0001391 for Online Transfers?

Once you have the IFSC Code FDRL0001391 for the Mumbai / Borivili branch of Federal Bank in Mumbai Suburban, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0001391. 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 FDRL0001391.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Mumbai / Borivili in Mumbai Suburban, 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 Mumbai / Borivili, 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.