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 Ambadi branch in Thana, Thana, 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 Thana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0002123. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Ambadi, Thana

Here are some of the key details that come with the IFSC Code FDRL0002123 of Federal Bank for its branch located in Thana, within the district of Thana in the state of Maharashtra.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002123
Branch Ambadi
City Thana
District Thana
State Maharashtra
Address Shop No19-23, Ground Floor, Om Sai,Paradise, Bhiwandi Wada Road, Ambadi,Po Dighasi

These details helps users in online banking and for businesses and individuals who use Federal Bank in Thana for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002123 for the Ambadi branch of Federal Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Federal Bank located in Ambadi, Thana, Maharashtra, is provided a unique IFSC like FDRL0002123 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Federal Bank branch in Thana.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Thana and Thana.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Ambadi do not get misguided to another person.

Format of the IFSC Code FDRL0002123

This is the format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Federal Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ambadi in Thana.

For example, the IFSC Code FDRL0002123 of Federal Bank for the Ambadi branch includes these elements, identifying the bank and the branch location in Thana and Maharashtra accurately.

How to Find IFSC Code for Federal Bank?

To find the IFSC Code FDRL0002123 of Federal Bank for its Ambadi branch located in Thana, 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 Thana and Thana, 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 Ambadi or Thana to find the exact IFSC Code FDRL0002123.

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 Thana will provide accurate information.

How to Use IFSC Code FDRL0002123 for Online Transfers?

If you have the IFSC Code FDRL0002123 for the Ambadi branch of Federal Bank in Thana, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002123. 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 FDRL0002123.

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 Ambadi in Thana, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Ambadi, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Thana manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Ambadi, Thana?

The IFSC Code is FDRL0002123.

Is the IFSC Code FDRL0002123 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ambadi branch?

The address of the branch is Shop No19-23, Ground Floor, Om Sai,Paradise, Bhiwandi Wada Road, Ambadi,Po Dighasi located in Thana, Thana, Maharashtra.

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.