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 Sehore branch in Sehore, Sehore, Madhya Pradesh, 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 Sehore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code FDRL0002210. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Sehore, Sehore
Here are the main details that are associated with the IFSC Code FDRL0002210 of Federal Bank for its branch located in Sehore, within the district of Sehore in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002210 |
| Branch | Sehore |
| City | Sehore |
| District | Sehore |
| State | Madhya Pradesh |
| Address | Plot No.583,Block No.3,Near Bus Stand,Chowni Area,Sehoe.P.O,Sehore District,M.P,466001 |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Sehore for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002210 for the Sehore 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, including Federal Bank located in Sehore, Sehore, Madhya Pradesh, is provided with a unique IFSC like FDRL0002210 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Sehore.
- 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 Sehore and Sehore.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Sehore do not get mixed with another location.
Format of the IFSC Code FDRL0002210
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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sehore in Sehore.
For example, the IFSC Code FDRL0002210 of Federal Bank for the Sehore branch has these elements, identifying the bank and the branch location in Sehore and Madhya Pradesh correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002210 of Federal Bank for its Sehore branch located in Sehore, the following methods can help:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Sehore and Sehore, print them on the first page of your passbook.
Bank Website
Visit the official website of Federal Bank and navigate to the branch locator section. Search for Sehore or Sehore to get the exact IFSC Code FDRL0002210.
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 keeps an updated list of all IFSC codes. If you search for Federal Bank and Sehore, you'll get the correct details.
How to Use IFSC Code FDRL0002210 for Online Transfers?
Once you have the IFSC Code FDRL0002210 for the Sehore branch of Federal Bank in Sehore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002210. 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 FDRL0002210.
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 Sehore in Sehore, it can 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 Sehore, 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 Sehore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002210.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Plot No.583,Block No.3,Near Bus Stand,Chowni Area,Sehoe.P.O,Sehore District,M.P,466001 located in Sehore, Sehore, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.