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 Halol branch in Panchmahal, Halol, Gujarat, 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 Panchmahal or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code FDRL0002576. 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, Halol, Panchmahal
Here are the key points that are associated with the IFSC Code FDRL0002576 of Federal Bank for its branch located in Panchmahal, within the district of Halol in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002576 |
| Branch | Halol |
| City | Panchmahal |
| District | Halol |
| State | Gujarat |
| Address | Office No.13/28970/6, Ground Floor, Prabhuta Park, Kalol Road, Halol, Panchmahal, Gujarat - 389350 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Panchmahal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002576 for the Halol branch of Federal Bank is vital.
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 Halol, Panchmahal, Gujarat, is provided a unique IFSC like FDRL0002576 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Panchmahal.
- 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 Panchmahal and Halol.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Halol do not get misguided to another person.
Format of the IFSC Code FDRL0002576
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 Halol in Panchmahal.
For example, the IFSC Code FDRL0002576 of Federal Bank for the Halol branch has these elements, identifying the bank and the branch location in Panchmahal and Gujarat correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002576 of Federal Bank for its Halol branch located in Panchmahal, 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 Panchmahal and Halol, 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 Halol or Panchmahal to get the exact IFSC Code FDRL0002576.
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 Panchmahal that will provide accurate information.
How to Use IFSC Code FDRL0002576 for Online Transfers?
Once you have the IFSC Code FDRL0002576 for the Halol branch of Federal Bank in Panchmahal, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002576. 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 FDRL0002576.
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 Halol in Panchmahal, 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 Halol, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Panchmahal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002576.
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 Office No.13/28970/6, Ground Floor, Prabhuta Park, Kalol Road, Halol, Panchmahal, Gujarat - 389350 located in Panchmahal, Halol, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.