IFSC Code of Federal Bank, Pune - Shivane, Pune, Maharashtra — FDRL0001767

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 Pune - Shivane branch in Pune, Pune, Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001767. 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, Pune - Shivane, Pune

Below in the table are the key details related to IFSC Code FDRL0001767 of Federal Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Federal Bank in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001767 for the Pune - Shivane branch of Federal Bank plays a vital 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 Pune - Shivane, Pune, Maharashtra, are given a unique IFSC like FDRL0001767 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Pune.
• 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 Pune and Pune.
• 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 Pune - Shivane goes to the correct branch. This is important because Federal Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FDRL0001767

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 Pune - Shivane in Pune.

For example, the IFSC Code FDRL0001767 of Federal Bank for the Pune - Shivane branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0001767 of Federal Bank for its Pune - Shivane branch located in Pune, 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 Pune and Pune, 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 Pune - Shivane or Pune to get the exact IFSC Code FDRL0001767.

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 Pune that will provide accurate information.

How to Use IFSC Code FDRL0001767 for Online Transfers?

Once you have the IFSC Code FDRL0001767 for the Pune - Shivane branch of Federal Bank in Pune, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001767. 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 FDRL0001767.

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 Pune - Shivane in Pune, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Pune - Shivane, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Pune manage their online transfers and cheque clearances easily.