Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Federal Bank for its Poonamallee branch in Thiruvallur, Poonamallee, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Federal Bank located in Thiruvallur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0001563. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Poonamallee, Thiruvallur
Here are some of the key details that come with the IFSC Code FDRL0001563 of Federal Bank for its branch located in Thiruvallur, within the district of Poonamallee in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001563 |
| Branch | Poonamallee |
| City | Thiruvallur |
| District | Poonamallee |
| State | Tamil Nadu |
| Address | 40, Trunk Road, Poonamallee Chennai |
These details help users in online banking and for businesses and individuals who use Federal Bank in Thiruvallur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001563 for the Poonamallee 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 Poonamallee, Thiruvallur, Tamil Nadu, are given a unique IFSC like FDRL0001563 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thiruvallur.
- 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 Thiruvallur and Poonamallee.
- 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 Poonamallee goes to the correct branch. This is important because Federal Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0001563
The format of the IFSC Code for banks, including Federal Bank, follows 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 Poonamallee in Thiruvallur.
For example, the IFSC Code FDRL0001563 of Federal Bank for the Poonamallee branch includes these elements, identifying the bank and the branch location in Thiruvallur and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0001563 of Federal Bank for its Poonamallee branch located in Thiruvallur, 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 Thiruvallur and Poonamallee, 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 Poonamallee or Thiruvallur to find the exact IFSC Code FDRL0001563.
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 Thiruvallur will provide accurate information.
How to Use IFSC Code FDRL0001563 for Online Transfers?
Once you have the IFSC Code FDRL0001563 for the Poonamallee branch of Federal Bank in Thiruvallur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code FDRL0001563. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 FDRL0001563.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Federal Bank Poonamallee in Thiruvallur, 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 Poonamallee, 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 Thiruvallur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Poonamallee Thiruvallur branch is FDRL0001563.
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 40, Trunk Road, Poonamallee Chennai.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.