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 Vasai Road branch in Thane, Vasai Road, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code FDRL0001544. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Vasai Road, Thane
Here are the main details that are associated with the IFSC Code FDRL0001544 of Federal Bank for its branch located in Thane, within the district of Vasai Road in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001544 |
| Branch | Vasai Road |
| City | Thane |
| District | Vasai Road |
| State | Maharashtra |
| Address | Vasai Road Branch, Mary Greg Building , Manickpur, Vasai Road West, Thane Dist Mumbai |
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 FDRL0001544 for the Vasai Road 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0001544 is given to every bank branch, including Federal Bank located in Vasai Road, Thane, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Thane and Vasai Road.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Vasai Road doesn't end up at another location.
Format of the IFSC Code FDRL0001544
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 Vasai Road in Thane.
For example, the IFSC Code FDRL0001544 of Federal Bank for the Vasai Road 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 FDRL0001544 of Federal Bank for its Vasai Road 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 Vasai Road, 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 Vasai Road or Thane to find the exact IFSC Code FDRL0001544.
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 FDRL0001544 for Online Transfers?
If you have the IFSC Code FDRL0001544 for the Vasai Road branch of Federal Bank in Thane, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001544. 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 FDRL0001544.
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 Vasai Road in Thane, it 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 Vasai Road, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001544.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vasai Road Branch, Mary Greg Building , Manickpur, Vasai Road West, Thane Dist Mumbai located in Thane, Vasai Road, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.