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 / Vile Parle 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 FDRL0001393. 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 / Vile Parle, Mumbai Suburban
Here are the key points that are associated with the IFSC Code FDRL0001393 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 | FDRL0001393 |
| Branch | Mumbai / Vile Parle |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | Wembly Ground Floor Off Nehru Road Vile Parle East |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Mumbai Suburban for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001393 for the Mumbai / Vile Parle 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, including Federal Bank located in Mumbai / Vile Parle, Mumbai Suburban, Maharashtra, is provided with a unique IFSC like FDRL0001393 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Mumbai Suburban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Mumbai Suburban and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Mumbai / Vile Parle do not get mixed with another location.
Format of the IFSC Code FDRL0001393
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 / Vile Parle in Mumbai Suburban.
For example, the IFSC Code FDRL0001393 of Federal Bank for the Mumbai / Vile Parle 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 FDRL0001393 of Federal Bank for its Mumbai / Vile Parle 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 / Vile Parle or Mumbai Suburban to get the exact IFSC Code FDRL0001393.
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 FDRL0001393 for Online Transfers?
If you have the IFSC Code FDRL0001393 for the Mumbai / Vile Parle branch of Federal Bank in Mumbai Suburban, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001393. 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 FDRL0001393.
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 Mumbai / Vile Parle in Mumbai Suburban, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Mumbai / Vile Parle, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Mumbai Suburban manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001393.
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 Wembly Ground Floor Off Nehru Road Vile Parle East located in Mumbai Suburban, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.