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IFSC Code of Federal Bank, Rajkot Mavdi, Rajkot, Gujarat — FDRL0002414

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 Rajkot Mavdi branch in Rajkot, Rajkot, or Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code FDRL0002414. 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, Rajkot Mavdi, Rajkot

Here are some of the key details that come with the IFSC Code FDRL0002414 of Federal Bank for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002414
Branch Rajkot Mavdi
City Rajkot
District Rajkot
State Gujarat
Address Kruti Onella,Office No 30,31,Ground Floor,Nr. Ambedkar Chowk,Nr Fortune Hotel,Mavdi,150.Ft.Road,Rajkot,Gujarat 360004

These details help users in online banking and for businesses and individuals who use Federal Bank in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002414 for the Rajkot Mavdi 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 Rajkot Mavdi, Rajkot, Gujarat, are given a unique IFSC like FDRL0002414 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code FDRL0002414

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 Rajkot Mavdi in Rajkot.

For example, the IFSC Code FDRL0002414 of Federal Bank for the Rajkot Mavdi branch has these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002414 of Federal Bank for its Rajkot Mavdi branch located in Rajkot, 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 Rajkot and Rajkot, 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 Rajkot Mavdi or Rajkot to get the exact IFSC Code FDRL0002414.

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 Rajkot that will provide accurate information.

How to Use IFSC Code FDRL0002414 for Online Transfers?

Once you have the IFSC Code FDRL0002414 for the Rajkot Mavdi branch of Federal Bank in Rajkot, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code FDRL0002414. 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 FDRL0002414.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Rajkot Mavdi in Rajkot, 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 Rajkot Mavdi, 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 Rajkot to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Rajkot Mavdi, Rajkot?

The IFSC Code is FDRL0002414.

Is the IFSC Code FDRL0002414 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Federal Bank Rajkot Mavdi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rajkot Mavdi branch?

The address of the branch is Kruti Onella,Office No 30,31,Ground Floor,Nr. Ambedkar Chowk,Nr Fortune Hotel,Mavdi,150.Ft.Road,Rajkot,Gujarat 360004 located in Rajkot, Rajkot, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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