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 Valapattanam branch in Valapattanam, Valapattanam, 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 Valapattanam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code FDRL0001138. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Federal Bank, Valapattanam, Valapattanam
Here are the key points that are associated with the IFSC Code FDRL0001138 of Federal Bank for its branch located in Valapattanam, within the district of Valapattanam in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001138 |
| Branch | Valapattanam |
| City | Valapattanam |
| District | Valapattanam |
| State | Kerala |
| Address | Valapatanam Highway Jn Puthiyatheru |
These details helps users in online banking and for businesses and individuals who use Federal Bank in Valapattanam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001138 for the Valapattanam branch of Federal Bank plays a vital 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 Valapattanam, Valapattanam, Kerala, are allotted a unique IFSC like FDRL0001138 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Valapattanam.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Valapattanam and Valapattanam.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Federal Bank in Valapattanam reaches the right place, even though there are thousands of branches in Kerala and across India.
Format of the IFSC Code FDRL0001138
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 Valapattanam in Valapattanam.
For example, the IFSC Code FDRL0001138 of Federal Bank for the Valapattanam branch includes these elements, identifying the bank and the branch location in Valapattanam and Kerala accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001138 of Federal Bank for its Valapattanam branch located in Valapattanam, the following methods can help:
Cheque Book
The cheque book issued by Federal Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Valapattanam and Valapattanam, print them on the first page of your passbook.
Bank Website
Visit the official website of Federal Bank and navigate to the branch locator section. Search for Valapattanam or Valapattanam to get the exact IFSC Code FDRL0001138.
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 keeps an updated list of all IFSC codes. If you search for Federal Bank and Valapattanam, you'll get the correct details.
How to Use IFSC Code FDRL0001138 for Online Transfers?
Once you have the IFSC Code FDRL0001138 for the Valapattanam branch of Federal Bank in Valapattanam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001138. 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 FDRL0001138.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Valapattanam in Valapattanam 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 Valapattanam, 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 Valapattanam to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Valapattanam Valapattanam branch is FDRL0001138.
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 Valapatanam Highway Jn Puthiyatheru.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.