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 Arcot branch in Ranipet, Arcot, or Tamil Nadu, 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 Ranipet or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002377. 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, Arcot, Ranipet

Here are the main details that are associated with the IFSC Code FDRL0002377 of Federal Bank for its branch located in Ranipet, within the district of Arcot in the state of Tamil Nadu.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002377
Branch Arcot
City Ranipet
District Arcot
State Tamil Nadu
Address 34 P, 34 Q & 34 R, Vellore Main Road, Arcot, Ranipet, Tamil Nadu - 632503

These details helps users in online banking and for businesses and individuals who use Federal Bank in Ranipet for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002377 for the Arcot 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002377 is given to every bank branch, including Federal Bank located in Arcot, Ranipet, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Federal Bank branch in Ranipet.
  • 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 Ranipet and Arcot.
  • 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Arcot doesn't end up at another location.

Format of the IFSC Code FDRL0002377

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 Arcot in Ranipet.

For example, the IFSC Code FDRL0002377 of Federal Bank for the Arcot branch includes these elements, identifying the bank and the branch location in Ranipet and Tamil Nadu accurately.

How to Find IFSC Code for Federal Bank?

To find the IFSC Code FDRL0002377 of Federal Bank for its Arcot branch located in Ranipet, the following methods can help you out:

Cheque Book

The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Federal Bank branches in Ranipet and Arcot, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Federal Bank and go to the branch locator section. Then search for Arcot or Ranipet to find the exact IFSC Code FDRL0002377.

Mobile Banking App

If you use Federal Bank's mobile app, you can 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. Searching for Federal Bank and Ranipet will provide accurate information.

How to Use IFSC Code FDRL0002377 for Online Transfers?

Once you have the IFSC Code FDRL0002377 for the Arcot branch of Federal Bank in Ranipet, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002377. Transfers are processed in batches. This is 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. Requires the recipient's account details and Federal Bank IFSC Code FDRL0002377.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Arcot in Ranipet 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 Arcot, 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 Ranipet to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Arcot, Ranipet?

The IFSC Code is FDRL0002377.

Is the IFSC Code FDRL0002377 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Federal Bank Arcot?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Arcot branch?

The address of the branch is 34 P, 34 Q & 34 R, Vellore Main Road, Arcot, Ranipet, Tamil Nadu - 632503 located in Ranipet, Arcot, Tamil Nadu.

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.