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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Federal Bank for its Mathandakuppam branch in Vellore, Vellore, or Tamil Nadu, this guide will help you with all the details.
There have been major changes in the banking sector 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 FDRL0002393. 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, Mathandakuppam, Vellore
The table below shows the main details of the IFSC Code FDRL0002393 for the Federal Bank branch in Vellore, which falls under the Vellore district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0002393 |
| Branch | Mathandakuppam |
| City | Vellore |
| District | Vellore |
| State | Tamil Nadu |
| Address | No.15/1, Mathandakuppam Kutroad, Mathandakuppam, Vellore, Tamil Nadu- 632520 |
These details help users in online banking and for businesses and individuals who use Federal Bank in Vellore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002393 for the Mathandakuppam branch of Federal Bank has a very 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 FDRL0002393 is given to every bank branch, including Federal Bank located in Mathandakuppam, Vellore, 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 Vellore.
- 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 Vellore and Vellore.
- 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 Mathandakuppam doesn't end up at another location.
Format of the IFSC Code FDRL0002393
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): 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 Mathandakuppam in Vellore.
For example, the IFSC Code FDRL0002393 of Federal Bank for the Mathandakuppam branch includes these elements, identifying the bank and the branch location in Vellore and Tamil Nadu accurately.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0002393 of Federal Bank for its Mathandakuppam branch located in Vellore, 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
Most banks, including Federal Bank branches in Vellore and Vellore, print the IFSC and MICR codes 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 Mathandakuppam or Vellore to get the exact IFSC Code FDRL0002393.
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 Vellore, you'll get the correct details.
How to Use IFSC Code FDRL0002393 for Online Transfers?
Once you have the IFSC Code FDRL0002393 for the Mathandakuppam branch of Federal Bank in Vellore, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0002393. 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 FDRL0002393.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Mathandakuppam in Vellore 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 Mathandakuppam, 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 of the Mathandakuppam Vellore branch is FDRL0002393.
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 No.15/1, Mathandakuppam Kutroad, Mathandakuppam, Vellore, Tamil Nadu- 632520.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.