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 Mumbai / Chembur branch in Mumbai Suburban, Mumbai, Maharashtra, 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 Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001399. 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 / Chembur, Mumbai Suburban
The table below shows the main details of the IFSC Code FDRL0001399 for the Federal Bank branch in Mumbai Suburban, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001399 |
| Branch | Mumbai / Chembur |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No.1 Ed-El Plot No.208 Chembur Mumbai |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Mumbai Suburban for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001399 for the Mumbai / Chembur branch of Federal Bank plays an 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 / Chembur, Mumbai Suburban, Maharashtra, is provided a unique IFSC like FDRL0001399 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 / Chembur do not get misguided to another person.
Format of the IFSC Code FDRL0001399
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 / Chembur in Mumbai Suburban.
For example, the IFSC Code FDRL0001399 of Federal Bank for the Mumbai / Chembur 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?
To find the IFSC Code FDRL0001399 of Federal Bank for its Mumbai / Chembur branch located in Mumbai Suburban, the following methods can help you out:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for Mumbai / Chembur or Mumbai Suburban to find the exact IFSC Code FDRL0001399.
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 maintains an updated database of all IFSC codes. Searching for Federal Bank and Mumbai Suburban will provide accurate information.
How to Use IFSC Code FDRL0001399 for Online Transfers?
Once you have the IFSC Code FDRL0001399 for the Mumbai / Chembur 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 FDRL0001399. 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 FDRL0001399.
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 / Chembur 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 / Chembur, 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 of the Mumbai / Chembur Mumbai Suburban branch is FDRL0001399.
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 Shop No.1 Ed-El Plot No.208 Chembur Mumbai.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.