The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Kalladikode branch in Palakkad, Kalladikode, Kerala, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Federal Bank located in Palakkad or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001089. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Kalladikode, Palakkad
Here are some of the key details that come with the IFSC Code FDRL0001089 of Federal Bank for its branch located in Palakkad, within the district of Kalladikode in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001089 |
| Branch | Kalladikode |
| City | Palakkad |
| District | Kalladikode |
| State | Kerala |
| Address | Harekrishna Buildings T B Junction Kalladikode |
These details help users in online banking and for businesses and individuals who use Federal Bank in Palakkad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001089 for the Kalladikode 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Federal Bank located in Kalladikode, Palakkad, Kerala, are given a unique IFSC like FDRL0001089 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Palakkad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Palakkad and Kalladikode.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Federal Bank in Kalladikode goes to the correct branch. This is important because Federal Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0001089
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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kalladikode in Palakkad.
For example, the IFSC Code FDRL0001089 of Federal Bank for the Kalladikode branch has these elements, identifying the bank and the branch location in Palakkad and Kerala correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001089 of Federal Bank for its Kalladikode branch located in Palakkad, 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 Palakkad and Kalladikode, 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 Kalladikode or Palakkad to get the exact IFSC Code FDRL0001089.
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 Palakkad that will provide accurate information.
How to Use IFSC Code FDRL0001089 for Online Transfers?
Once you have the IFSC Code FDRL0001089 for the Kalladikode branch of Federal Bank in Palakkad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001089. 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 FDRL0001089.
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 Kalladikode in Palakkad, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Federal Bank in Kalladikode, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Federal Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Palakkad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001089.
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 Harekrishna Buildings T B Junction Kalladikode located in Palakkad, Kalladikode, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.