The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Federal Bank for its Ramanathapuram branch in Ramanathapuram, Ramanathapuram, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Federal Bank located in Ramanathapuram or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002423. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Ramanathapuram, Ramanathapuram
Here are some of the key details that come with the IFSC Code FDRL0002423 of Federal Bank for its branch located in Ramanathapuram, within the district of Ramanathapuram in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002423 |
| Branch | Ramanathapuram |
| City | Ramanathapuram |
| District | Ramanathapuram |
| State | Tamil Nadu |
| Address | Vsr Tower, Door No.1, Devipattinam Road, Kenikarai, Ramanathapuram, Tamil Nadu - 623501 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Ramanathapuram for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002423 for the Ramanathapuram 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 provided by the Reserve Bank of India. Every bank branch, along with Federal Bank located in Ramanathapuram, Ramanathapuram, Tamil Nadu, are allotted a unique IFSC like FDRL0002423 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ramanathapuram.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ramanathapuram and Ramanathapuram.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Federal Bank in Ramanathapuram reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.
Format of the IFSC Code FDRL0002423
The format of the IFSC Code for banks, including Federal Bank, has 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 Ramanathapuram in Ramanathapuram.
For example, the IFSC Code FDRL0002423 of Federal Bank for the Ramanathapuram branch includes these elements, identifying the bank and the branch location in Ramanathapuram and Tamil Nadu correctly.
How to Find IFSC Code for Federal Bank?
If you are looking for the IFSC Code FDRL0002423 of Federal Bank for its Ramanathapuram branch located in Ramanathapuram, 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 Ramanathapuram and Ramanathapuram, 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 Ramanathapuram or Ramanathapuram to get the exact IFSC Code FDRL0002423.
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 Ramanathapuram, then it will provide you proper information.
How to Use IFSC Code FDRL0002423 for Online Transfers?
Once you have the IFSC Code FDRL0002423 for the Ramanathapuram branch of Federal Bank in Ramanathapuram, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002423. 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 FDRL0002423.
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 Ramanathapuram in Ramanathapuram, 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 Ramanathapuram, 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 Ramanathapuram manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ramanathapuram Ramanathapuram branch is FDRL0002423.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Vsr Tower, Door No.1, Devipattinam Road, Kenikarai, Ramanathapuram, Tamil Nadu - 623501.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.