IFSC Code of Federal Bank, Sangli/ S.T Colony, Sangli, Maharashtra — FDRL0001494

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Sangli/ S.T Colony branch in Sangli, Sangli, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001494. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Sangli/ S.T Colony, Sangli

Below in the table are the key details related to IFSC Code FDRL0001494 of Federal Bank for its branch located in Sangli, within the district of Sangli in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Sangli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001494 for the Sangli/ S.T Colony 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 provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Sangli/ S.T Colony, Sangli, Maharashtra, is provided with a unique IFSC like FDRL0001494 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Federal Bank branch in Sangli.
• 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 Sangli and Sangli.
• 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Sangli/ S.T Colony do not get mixed with another location.

Format of the IFSC Code FDRL0001494

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 Sangli/ S.T Colony in Sangli.

For example, the IFSC Code FDRL0001494 of Federal Bank for the Sangli/ S.T Colony branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0001494 of Federal Bank for its Sangli/ S.T Colony branch located in Sangli, 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 Sangli and Sangli, 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 Sangli/ S.T Colony or Sangli to get the exact IFSC Code FDRL0001494.

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 Sangli that will provide accurate information.

How to Use IFSC Code FDRL0001494 for Online Transfers?

If you have the IFSC Code FDRL0001494 for the Sangli/ S.T Colony branch of Federal Bank in Sangli, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0001494. 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 FDRL0001494.

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 Sangli/ S.T Colony in Sangli, 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 Sangli/ S.T Colony, 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 Sangli to handle online money transfers and get their cheques cleared smoothly.