There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Khokhadad branch in Rajkout, Rajkot, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Rajkout or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code FDRL0002259. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Khokhadad, Rajkout
Here are the main details that are associated with the IFSC Code FDRL0002259 of Federal Bank for its branch located in Rajkout, within the district of Rajkot in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002259 |
| Branch | Khokhadad |
| City | Rajkout |
| District | Rajkot |
| State | Gujarat |
| Address | Shop No 1 And 2 , Ground Floor,Pranamai Nivas, Khokhadad , Rajkot District, Gujarat 360022 |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Rajkout for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002259 for the Khokhadad 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, including Federal Bank located in Khokhadad, Rajkout, Gujarat, is provided with a unique IFSC like FDRL0002259 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Rajkout.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Rajkout and Rajkot.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Khokhadad do not get mixed with another location.
Format of the IFSC Code FDRL0002259
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): Show the bank code. For Federal Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khokhadad in Rajkout.
For example, the IFSC Code FDRL0002259 of Federal Bank for the Khokhadad branch includes these elements, identifying the bank and the branch location in Rajkout and Gujarat accurately.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002259 of Federal Bank for its Khokhadad branch located in Rajkout, the following methods can help:
Cheque Book
The cheque book that is issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Federal Bank branches in Rajkout and Rajkot, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Federal Bank and look for the branch locator section, then search for Khokhadad or Rajkout to get the exact IFSC Code FDRL0002259.
Mobile Banking App
If you use Federal Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Federal Bank and Rajkout, then it will provide you proper information.
How to Use IFSC Code FDRL0002259 for Online Transfers?
Once you have the IFSC Code FDRL0002259 for the Khokhadad branch of Federal Bank in Rajkout, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002259. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 FDRL0002259.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Khokhadad in Rajkout, 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 Khokhadad, 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 Rajkout manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002259.
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 Shop No 1 And 2 , Ground Floor,Pranamai Nivas, Khokhadad , Rajkot District, Gujarat 360022 located in Rajkout, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.