There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Tirupur Industrial Finance branch in Tirupur, Tirupur, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Tirupur or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code FDRL0001359. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Tirupur Industrial Finance, Tirupur
The table below shows the main details of the IFSC Code FDRL0001359 for the Federal Bank branch in Tirupur, which falls under the Tirupur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001359 |
| Branch | Tirupur Industrial Finance |
| City | Tirupur |
| District | Tirupur |
| State | Tamil Nadu |
| Address | P B No. 419 Industrial Finance Br. Tirupur |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Tirupur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001359 for the Tirupur Industrial Finance branch of Federal Bank plays an important role.
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 FDRL0001359 is given to every bank branch, including Federal Bank located in Tirupur Industrial Finance, Tirupur, Tamil Nadu, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Tirupur.
- 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 Tirupur and Tirupur.
- 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Tirupur Industrial Finance doesn't end up at another location.
Format of the IFSC Code FDRL0001359
The format of the IFSC Code for banks, including Federal Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Federal Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Tirupur Industrial Finance in Tirupur.
For example, the IFSC Code FDRL0001359 of Federal Bank for the Tirupur Industrial Finance branch includes these elements, identifying the bank and the branch location in Tirupur and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001359 of Federal Bank for its Tirupur Industrial Finance branch located in Tirupur, the following methods can help:
Cheque Book
The cheque books that are issued by Federal Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Federal Bank branches in Tirupur and Tirupur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Federal Bank and find the branch locator section. Search for Tirupur Industrial Finance or Tirupur to get the exact IFSC Code FDRL0001359.
Mobile Banking App
If you use Federal Bank's mobile app, you can easily 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 to help you in searching for Federal Bank and Tirupur that will provide accurate information.
How to Use IFSC Code FDRL0001359 for Online Transfers?
Once you have the IFSC Code FDRL0001359 for the Tirupur Industrial Finance branch of Federal Bank in Tirupur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001359. 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 FDRL0001359.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Tirupur Industrial Finance in Tirupur 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 Tirupur Industrial Finance, 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 Tirupur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0001359.
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 P B No. 419 Industrial Finance Br. Tirupur located in Tirupur, Tirupur, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.