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 Barasat branch in North 24 Parganas, Barasat, West Bengal, 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 North 24 Parganas or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code FDRL0002417. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Barasat, North 24 Parganas
Here are the main details that are associated with the IFSC Code FDRL0002417 of Federal Bank for its branch located in North 24 Parganas, within the district of Barasat in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002417 |
| Branch | Barasat |
| City | North 24 Parganas |
| District | Barasat |
| State | West Bengal |
| Address | Sailaja Apartment, Naopara, Krishna Nagar Road, Barasat, West Bengal - 700124 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in North 24 Parganas for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002417 for the Barasat branch of Federal Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002417 is given to every bank branch, including Federal Bank located in Barasat, North 24 Parganas, West Bengal, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in North 24 Parganas.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like North 24 Parganas and Barasat.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Barasat doesn't end up at another location.
Format of the IFSC Code FDRL0002417
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 Barasat in North 24 Parganas.
For example, the IFSC Code FDRL0002417 of Federal Bank for the Barasat branch includes these elements, identifying the bank and the branch location in North 24 Parganas and West Bengal correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002417 of Federal Bank for its Barasat branch located in North 24 Parganas, 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 North 24 Parganas and Barasat, 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 Barasat or North 24 Parganas to get the exact IFSC Code FDRL0002417.
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 North 24 Parganas that will provide accurate information.
How to Use IFSC Code FDRL0002417 for Online Transfers?
Once you have the IFSC Code FDRL0002417 for the Barasat branch of Federal Bank in North 24 Parganas, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002417. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Federal Bank IFSC Code FDRL0002417.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Federal Bank Barasat in North 24 Parganas, it can 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 Barasat, 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 North 24 Parganas to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002417.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Sailaja Apartment, Naopara, Krishna Nagar Road, Barasat, West Bengal - 700124 located in North 24 Parganas, Barasat, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.