IFSC Code of Federal Bank, Patna / Raja Bazar, Patna, Bihar — FDRL0001923

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 Patna / Raja Bazar branch in Patna, Patna, or Bihar, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code FDRL0001923. 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, Patna / Raja Bazar, Patna

Here are the main details that are associated with the IFSC Code FDRL0001923 of Federal Bank for its branch located in Patna, within the district of Patna in the state of Bihar.

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Patna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001923 for the Patna / Raja Bazar branch of Federal Bank has an 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 Patna / Raja Bazar, Patna, Bihar, is provided a unique IFSC like FDRL0001923 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Federal Bank branch in Patna.
• 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 Patna and Patna.
• 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Patna / Raja Bazar do not get misguided to another person.

Format of the IFSC Code FDRL0001923

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 Patna / Raja Bazar in Patna.

For example, the IFSC Code FDRL0001923 of Federal Bank for the Patna / Raja Bazar branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0001923 of Federal Bank for its Patna / Raja Bazar branch located in Patna, 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 Patna and Patna, 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 Patna / Raja Bazar or Patna to get the exact IFSC Code FDRL0001923.

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 Patna that will provide accurate information.

How to Use IFSC Code FDRL0001923 for Online Transfers?

Once you have the IFSC Code FDRL0001923 for the Patna / Raja Bazar branch of Federal Bank in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0001923. 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 FDRL0001923.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Patna / Raja Bazar in Patna, your payment can get delayed or might not go through at all.

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 Patna / Raja Bazar, 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 Patna manage online transfers as well as cheque clearances with ease.