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 Palakkal branch in Thrissur, Thrissur, Kerala, 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 Thrissur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0002118. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Palakkal, Thrissur
Here are the key points that are associated with the IFSC Code FDRL0002118 of Federal Bank for its branch located in Thrissur, within the district of Thrissur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002118 |
| Branch | Palakkal |
| City | Thrissur |
| District | Thrissur |
| State | Kerala |
| Address | Antony Plaza,Palakkal, Palissery P O,Thrissur Dist |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Thrissur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002118 for the Palakkal 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 Palakkal, Thrissur, Kerala, is provided a unique IFSC like FDRL0002118 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Thrissur.
- 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 Thrissur and Thrissur.
- 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 Kerala and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Palakkal do not get misguided to another person.
Format of the IFSC Code FDRL0002118
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 Palakkal in Thrissur.
For example, the IFSC Code FDRL0002118 of Federal Bank for the Palakkal branch includes these elements, identifying the bank and the branch location in Thrissur and Kerala accurately.
How to Find IFSC Code for Federal Bank?
To find the IFSC Code FDRL0002118 of Federal Bank for its Palakkal branch located in Thrissur, 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 Thrissur and Thrissur, 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 Palakkal or Thrissur to find the exact IFSC Code FDRL0002118.
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 Thrissur will provide accurate information.
How to Use IFSC Code FDRL0002118 for Online Transfers?
Once you have the IFSC Code FDRL0002118 for the Palakkal branch of Federal Bank in Thrissur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002118. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Federal Bank IFSC Code FDRL0002118.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Federal Bank Palakkal in Thrissur, it can 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 Palakkal, 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 Thrissur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Palakkal Thrissur branch is FDRL0002118.
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 Antony Plaza,Palakkal, Palissery P O,Thrissur Dist.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.