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 Itanagar branch in Papumpare, Itanagar, or Andhra Pradesh, 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 Papumpare or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code FDRL0002436. 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, Itanagar, Papumpare
Here are some of the key details that come with the IFSC Code FDRL0002436 of Federal Bank for its branch located in Papumpare, within the district of Itanagar in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002436 |
| Branch | Itanagar |
| City | Papumpare |
| District | Itanagar |
| State | Andhra Pradesh |
| Address | K2 Heights, Upper Ground Floor, Nh 415, Opposite Clock Tower, Ganga Market, Itanagar Main Road, Arunachal Pradesh- 791113 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Papumpare for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002436 for the Itanagar 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002436 is given to every bank branch, including Federal Bank located in Itanagar, Papumpare, Andhra Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Papumpare.
- 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 Papumpare and Itanagar.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Itanagar doesn't end up at another location.
Format of the IFSC Code FDRL0002436
This is the format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Itanagar in Papumpare.
For example, the IFSC Code FDRL0002436 of Federal Bank for the Itanagar branch includes these elements, identifying the bank and the branch location in Papumpare and Andhra Pradesh accurately.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0002436 of Federal Bank for its Itanagar branch located in Papumpare, the following methods can help you out:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Federal Bank branches in Papumpare and Itanagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Federal Bank and go to the branch locator section. Then search for Itanagar or Papumpare to find the exact IFSC Code FDRL0002436.
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 maintains an updated database of all IFSC codes. Searching for Federal Bank and Papumpare will provide accurate information.
How to Use IFSC Code FDRL0002436 for Online Transfers?
Once you have the IFSC Code FDRL0002436 for the Itanagar branch of Federal Bank in Papumpare, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002436. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0002436.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Itanagar in Papumpare, your payment can get delayed or might not go through at all.
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 Itanagar, 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 Papumpare to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002436.
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 K2 Heights, Upper Ground Floor, Nh 415, Opposite Clock Tower, Ganga Market, Itanagar Main Road, Arunachal Pradesh- 791113 located in Papumpare, Itanagar, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.