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 Badnagar branch in Ujjain, Ujjain, Madhya Pradesh, 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 Ujjain or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code FDRL0002225. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Badnagar, Ujjain
The table below shows the main details of the IFSC Code FDRL0002225 for the Federal Bank branch in Ujjain, which falls under the Ujjain district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002225 |
| Branch | Badnagar |
| City | Ujjain |
| District | Ujjain |
| State | Madhya Pradesh |
| Address | 20, Shivaji Path, Opp Jain Mandir, Badnagar Ujjain 456771, Madhya Pradesh |
These details are important not only for users using online banking but also for businesses and individuals who use Federal Bank in Ujjain for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code FDRL0002225 for the Badnagar 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 FDRL0002225 is given to every bank branch, including Federal Bank located in Badnagar, Ujjain, Madhya Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Federal Bank branch in Ujjain.
- 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 Ujjain and Ujjain.
- 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Federal Bank in Badnagar doesn't end up at another location.
Format of the IFSC Code FDRL0002225
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): These represent the bank code. In Federal Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Badnagar in Ujjain.
For example, the IFSC Code FDRL0002225 of Federal Bank for the Badnagar branch has these elements, identifying the bank and the branch location in Ujjain and Madhya Pradesh correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002225 of Federal Bank for its Badnagar branch located in Ujjain, 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 Ujjain and Ujjain, 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 Badnagar or Ujjain to get the exact IFSC Code FDRL0002225.
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 Ujjain that will provide accurate information.
How to Use IFSC Code FDRL0002225 for Online Transfers?
Once you have the IFSC Code FDRL0002225 for the Badnagar branch of Federal Bank in Ujjain, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002225. 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 FDRL0002225.
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 Badnagar in Ujjain, 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 Badnagar, 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 Ujjain manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002225.
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 20, Shivaji Path, Opp Jain Mandir, Badnagar Ujjain 456771, Madhya Pradesh located in Ujjain, Ujjain, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.