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 Shahdara- Anand Vihar branch in Shahdara, Shahdara, Delhi, 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 Shahdara or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code FDRL0002474. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Shahdara- Anand Vihar, Shahdara
The table below shows the main details of the IFSC Code FDRL0002474 for the Federal Bank branch in Shahdara, which falls under the Shahdara district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002474 |
| Branch | Shahdara- Anand Vihar |
| City | Shahdara |
| District | Shahdara |
| State | Delhi |
| Address | A-10, Ground Floor, Pushpanjali, Vikas Marg Extension, Anand Vihar, Shahdara District, Nct Of Delhi- 110092 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Shahdara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002474 for the Shahdara- Anand Vihar branch of Federal Bank plays 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 Shahdara- Anand Vihar, Shahdara, Delhi, is provided with a unique IFSC like FDRL0002474 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Shahdara.
- 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 Shahdara and Shahdara.
- 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 Delhi and the rest of India and the IFSC Code ensures that transactions meant for Federal Bank in Shahdara- Anand Vihar do not get mixed with another location.
Format of the IFSC Code FDRL0002474
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 Shahdara- Anand Vihar in Shahdara.
For example, the IFSC Code FDRL0002474 of Federal Bank for the Shahdara- Anand Vihar branch includes these elements, identifying the bank and the branch location in Shahdara and Delhi correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002474 of Federal Bank for its Shahdara- Anand Vihar branch located in Shahdara, 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
Most banks, including Federal Bank branches in Shahdara and Shahdara, print the IFSC and MICR codes 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 Shahdara- Anand Vihar or Shahdara to get the exact IFSC Code FDRL0002474.
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 Shahdara, you'll get the correct details.
How to Use IFSC Code FDRL0002474 for Online Transfers?
Once you have the IFSC Code FDRL0002474 for the Shahdara- Anand Vihar branch of Federal Bank in Shahdara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0002474. The transfer is completed in batches instead of instantly. It is useful for both 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 FDRL0002474.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Shahdara- Anand Vihar in Shahdara, your payment can get delayed or might not go through at all.
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 Shahdara- Anand Vihar, 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 Shahdara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002474.
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 A-10, Ground Floor, Pushpanjali, Vikas Marg Extension, Anand Vihar, Shahdara District, Nct Of Delhi- 110092 located in Shahdara, Shahdara, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.