There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Federal Bank for its Sattur branch in Virudhunagar, Sattur, Tamil Nadu, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Federal Bank situated in Virudhunagar or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code FDRL0001741. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Federal Bank, Sattur, Virudhunagar
The table below shows the main details of the IFSC Code FDRL0001741 for the Federal Bank branch in Virudhunagar, which falls under the Sattur district in Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Federal Bank |
| IFSC Code | FDRL0001741 |
| Branch | Sattur |
| City | Virudhunagar |
| District | Sattur |
| State | Tamil Nadu |
| Address | Bldg No. 40, Ground Floor, New Colony Opp. Fire Service Station, Sattur Po |
These details are crucial, not just for online banking users but also for businesses and individuals who use Federal Bank in Virudhunagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0001741 for the Sattur branch of Federal Bank has 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 Sattur, Virudhunagar, Tamil Nadu, is provided a unique IFSC like FDRL0001741 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Federal Bank branch in Virudhunagar.
- 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 Virudhunagar and Sattur.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Federal Bank in Sattur do not get misguided to another person.
Format of the IFSC Code FDRL0001741
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 Sattur in Virudhunagar.
For example, the IFSC Code FDRL0001741 of Federal Bank for the Sattur branch has these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu correctly.
How to Find IFSC Code for Federal Bank?
If you are trying to find the IFSC Code FDRL0001741 of Federal Bank for its Sattur branch located in Virudhunagar, 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 Virudhunagar and Sattur, 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 Sattur or Virudhunagar to get the exact IFSC Code FDRL0001741.
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 Virudhunagar, you'll get the correct details.
How to Use IFSC Code FDRL0001741 for Online Transfers?
Once you have the IFSC Code FDRL0001741 for the Sattur branch of Federal Bank in Virudhunagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code FDRL0001741. 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 FDRL0001741.
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 Sattur in Virudhunagar, 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 Sattur, 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 Virudhunagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sattur Virudhunagar branch is FDRL0001741.
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 Bldg No. 40, Ground Floor, New Colony Opp. Fire Service Station, Sattur Po.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.