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 Mumbai / Thane branch in Thane, Mumbai, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001383. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Mumbai / Thane, Thane
Here are some of the key details that come with the IFSC Code FDRL0001383 of Federal Bank for its branch located in Thane, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001383 |
| Branch | Mumbai / Thane |
| City | Thane |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No 5 And 6, Giridarshan Building, Veer Saw Theen Petrol Pump Junction Thane West , Mahar |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0001383 for the Mumbai / Thane 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, along with Federal Bank located in Mumbai / Thane, Thane, Maharashtra, are given a unique IFSC like FDRL0001383 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- 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 Thane and Mumbai.
- 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 Mumbai / Thane goes to the correct branch. This is important because Federal Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0001383
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 Mumbai / Thane in Thane.
For example, the IFSC Code FDRL0001383 of Federal Bank for the Mumbai / Thane branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0001383 of Federal Bank for its Mumbai / Thane branch located in Thane, 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 Thane and Mumbai, 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 Mumbai / Thane or Thane to find the exact IFSC Code FDRL0001383.
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 Thane will provide accurate information.
How to Use IFSC Code FDRL0001383 for Online Transfers?
Once you have the IFSC Code FDRL0001383 for the Mumbai / Thane branch of Federal Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001383. 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 FDRL0001383.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Mumbai / Thane in Thane 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 Mumbai / Thane, 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mumbai / Thane Thane branch is FDRL0001383.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shop No 5 And 6, Giridarshan Building, Veer Saw Theen Petrol Pump Junction Thane West , Mahar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.