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 Suryapet branch in Suryapet, Suryapet, Telangana, 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 Suryapet or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code FDRL0002363. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Federal Bank, Suryapet, Suryapet

The table below shows the main details of the IFSC Code FDRL0002363 for the Federal Bank branch in Suryapet, which falls under the Suryapet district in Telangana.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002363
Branch Suryapet
City Suryapet
District Suryapet
State Telangana
Address Srk Estate,Near Sri Chaitanya School,Along Bypass Road,60 Feet Road,Vidyanagar,Suryapet,Telangana-508213

These details help users in online banking and for businesses and individuals who use Federal Bank in Suryapet for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002363 for the Suryapet branch of Federal Bank has a very 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, along with Federal Bank located in Suryapet, Suryapet, Telangana, are given a unique IFSC like FDRL0002363 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Suryapet.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Suryapet and Suryapet.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Federal Bank in Suryapet goes to the correct branch. This is important because Federal Bank has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FDRL0002363

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 Suryapet in Suryapet.

For example, the IFSC Code FDRL0002363 of Federal Bank for the Suryapet branch includes these elements, identifying the bank and the branch location in Suryapet and Telangana correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002363 of Federal Bank for its Suryapet branch located in Suryapet, 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 Suryapet and Suryapet, 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 Suryapet or Suryapet to get the exact IFSC Code FDRL0002363.

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 Suryapet, you'll get the correct details.

How to Use IFSC Code FDRL0002363 for Online Transfers?

Once you have the IFSC Code FDRL0002363 for the Suryapet branch of Federal Bank in Suryapet, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002363. 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 FDRL0002363.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Suryapet in Suryapet may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Federal Bank in Suryapet, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Federal Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Suryapet manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank Suryapet Suryapet?

The IFSC Code of the Suryapet Suryapet branch is FDRL0002363.

Is IFSC Code FDRL0002363 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Federal Bank Suryapet branch?

The branch is located at Srk Estate,Near Sri Chaitanya School,Along Bypass Road,60 Feet Road,Vidyanagar,Suryapet,Telangana-508213.

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.