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 Ranchi branch in Ranchi, Ranchi, Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code FDRL0001447. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Ranchi, Ranchi
Here are the main details that are associated with the IFSC Code FDRL0001447 of Federal Bank for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001447 |
| Branch | Ranchi |
| City | Ranchi |
| District | Ranchi |
| State | Jharkhand |
| Address | Ground Floor Hero House , Main Road |
These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Ranchi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001447 for the Ranchi branch of Federal Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like FDRL0001447 is given to every bank branch, including Federal Bank located in Ranchi, Ranchi, Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Ranchi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ranchi and Ranchi.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Ranchi doesn't end up at another location.
Format of the IFSC Code FDRL0001447
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 Ranchi in Ranchi.
For example, the IFSC Code FDRL0001447 of Federal Bank for the Ranchi branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001447 of Federal Bank for its Ranchi branch located in Ranchi, 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 Ranchi and Ranchi, 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 Ranchi or Ranchi to get the exact IFSC Code FDRL0001447.
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 Ranchi that will provide accurate information.
How to Use IFSC Code FDRL0001447 for Online Transfers?
If you have the IFSC Code FDRL0001447 for the Ranchi branch of Federal Bank in Ranchi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001447. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Federal Bank IFSC Code FDRL0001447.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Federal Bank Ranchi in Ranchi, it may result in delayed or failed transactions.
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 Ranchi, 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 Ranchi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ranchi Ranchi branch is FDRL0001447.
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 Ground Floor Hero House , Main Road.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.