For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Illupili branch in Namakkal, Illupili, Tamil Nadu, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Namakkal or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0001301. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Illupili, Namakkal
Here are the main details that are associated with the IFSC Code FDRL0001301 of Federal Bank for its branch located in Namakkal, within the district of Illupili in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001301 |
| Branch | Illupili |
| City | Namakkal |
| District | Illupili |
| State | Tamil Nadu |
| Address | Illuppili Illuppili Elachipalayam (Via) |
These details help users in online banking and for businesses and individuals who use Federal Bank in Namakkal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001301 for the Illupili 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 Illupili, Namakkal, Tamil Nadu, is provided a unique IFSC like FDRL0001301 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Namakkal.
- 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 Namakkal and Illupili.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Illupili do not get misguided to another person.
Format of the IFSC Code FDRL0001301
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 Illupili in Namakkal.
For example, the IFSC Code FDRL0001301 of Federal Bank for the Illupili branch includes these elements, identifying the bank and the branch location in Namakkal and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001301 of Federal Bank for its Illupili branch located in Namakkal, 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 Namakkal and Illupili, 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 Illupili or Namakkal to get the exact IFSC Code FDRL0001301.
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 Namakkal, you'll get the correct details.
How to Use IFSC Code FDRL0001301 for Online Transfers?
If you have the IFSC Code FDRL0001301 for the Illupili branch of Federal Bank in Namakkal, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001301. 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 FDRL0001301.
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 Illupili in Namakkal, 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 Illupili, 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 Namakkal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001301.
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 Illuppili Illuppili Elachipalayam (Via) located in Namakkal, Illupili, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.