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 Valsad branch in Valsad, Valsad, Gujarat, 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 Valsad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code FDRL0002387. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Federal Bank, Valsad, Valsad

Here are the main details that are associated with the IFSC Code FDRL0002387 of Federal Bank for its branch located in Valsad, within the district of Valsad in the state of Gujarat.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002387
Branch Valsad
City Valsad
District Valsad
State Gujarat
Address Shop No 2,3,4, Ground Floor,Shreeji Sharan, Opp.Pragji Tower, Halar Road,Valsad-396001, Gujarat

These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Valsad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002387 for the Valsad branch of Federal Bank plays an important 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 Valsad, Valsad, Gujarat, is provided a unique IFSC like FDRL0002387 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Federal Bank branch in Valsad.
  • 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 Valsad and Valsad.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Valsad do not get misguided to another person.

Format of the IFSC Code FDRL0002387

The format of the IFSC Code for banks, including Federal Bank, has 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 Valsad in Valsad.

For example, the IFSC Code FDRL0002387 of Federal Bank for the Valsad branch includes these elements, identifying the bank and the branch location in Valsad and Gujarat correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002387 of Federal Bank for its Valsad branch located in Valsad, 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 Valsad and Valsad, 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 Valsad or Valsad to get the exact IFSC Code FDRL0002387.

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 Valsad, you'll get the correct details.

How to Use IFSC Code FDRL0002387 for Online Transfers?

Once you have the IFSC Code FDRL0002387 for the Valsad branch of Federal Bank in Valsad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002387. 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 FDRL0002387.

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 Valsad in Valsad, 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 Valsad, 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 Valsad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank Valsad Valsad?

The IFSC Code of the Valsad Valsad branch is FDRL0002387.

Is IFSC Code FDRL0002387 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Federal Bank Valsad branch?

The branch is located at Shop No 2,3,4, Ground Floor,Shreeji Sharan, Opp.Pragji Tower, Halar Road,Valsad-396001, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.