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 Sivakasi branch in Virudhunagar, Sivakasi, 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 Virudhunagar or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code FDRL0002483. 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, Sivakasi, Virudhunagar

The table below shows the main details of the IFSC Code FDRL0002483 for the Federal Bank branch in Virudhunagar, which falls under the Sivakasi district in Tamil Nadu.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002483
Branch Sivakasi
City Virudhunagar
District Sivakasi
State Tamil Nadu
Address No.16063, P.K.N. Road, Sivakasi, Tamin Nadu - 626123

These details are essential not only for online banking users but also for businesses and individuals who use Federal Bank in Virudhunagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002483 for the Sivakasi 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 that is provided by the Reserve Bank of India. A unique IFSC like FDRL0002483 is given to every bank branch, including Federal Bank located in Sivakasi, Virudhunagar, 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 Virudhunagar.
  • 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 Virudhunagar and Sivakasi.
  • 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 Sivakasi doesn't end up at another location.

Format of the IFSC Code FDRL0002483

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 Sivakasi in Virudhunagar.

For example, the IFSC Code FDRL0002483 of Federal Bank for the Sivakasi branch includes these elements, identifying the bank and the branch location in Virudhunagar and Tamil Nadu accurately.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002483 of Federal Bank for its Sivakasi 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

You can easily find the IFSC and MICR codes because most banks, including Federal Bank branches in Virudhunagar and Sivakasi, 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 Sivakasi or Virudhunagar to get the exact IFSC Code FDRL0002483.

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 FDRL0002483 for Online Transfers?

Once you have the IFSC Code FDRL0002483 for the Sivakasi branch of Federal Bank in Virudhunagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002483. 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 FDRL0002483.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Federal Bank Sivakasi in Virudhunagar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Federal Bank in Sivakasi, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Virudhunagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank in Sivakasi, Virudhunagar?

The IFSC Code is FDRL0002483.

Is the IFSC Code FDRL0002483 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Federal Bank Sivakasi?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sivakasi branch?

The address of the branch is No.16063, P.K.N. Road, Sivakasi, Tamin Nadu - 626123 located in Virudhunagar, Sivakasi, Tamil Nadu.

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.