Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Federal Bank for its Edayansathu branch in Vellore, Vellore, Tamil Nadu, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Federal Bank located in Vellore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002348. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Edayansathu, Vellore
Here are the main details that are associated with the IFSC Code FDRL0002348 of Federal Bank for its branch located in Vellore, within the district of Vellore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002348 |
| Branch | Edayansathu |
| City | Vellore |
| District | Vellore |
| State | Tamil Nadu |
| Address | 46A,Devaraj Nagar,Arani Main Road,Edayansathu,Vellore,Tamil Nadu-632002 |
These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Vellore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002348 for the Edayansathu 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 provided by the Reserve Bank of India. Every bank branch, along with Federal Bank located in Edayansathu, Vellore, Tamil Nadu, are given a unique IFSC like FDRL0002348 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Vellore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Vellore and Vellore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Federal Bank in Edayansathu goes to the correct branch. This is important because Federal Bank has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code FDRL0002348
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 Edayansathu in Vellore.
For example, the IFSC Code FDRL0002348 of Federal Bank for the Edayansathu branch has these elements, identifying the bank and the branch location in Vellore and Tamil Nadu correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002348 of Federal Bank for its Edayansathu branch located in Vellore, 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 Vellore and Vellore, 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 Edayansathu or Vellore to get the exact IFSC Code FDRL0002348.
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 Vellore that will provide accurate information.
How to Use IFSC Code FDRL0002348 for Online Transfers?
Once you have the IFSC Code FDRL0002348 for the Edayansathu branch of Federal Bank in Vellore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002348. 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 FDRL0002348.
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 Edayansathu in Vellore, 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 Edayansathu, 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 Vellore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is FDRL0002348.
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 46A,Devaraj Nagar,Arani Main Road,Edayansathu,Vellore,Tamil Nadu-632002 located in Vellore, Vellore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.