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IFSC Code of Federal Bank, Sujatha Nagar - Visakhapatanam, Visakhapatnam, Andhra Pradesh — FDRL0002549

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Federal Bank for its Sujatha Nagar - Visakhapatanam branch in Visakhapatnam, Visakhapatnam, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Federal Bank located in Visakhapatnam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code FDRL0002549. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Federal Bank, Sujatha Nagar - Visakhapatanam, Visakhapatnam

Here are the main details that are associated with the IFSC Code FDRL0002549 of Federal Bank for its branch located in Visakhapatnam, within the district of Visakhapatnam in the state of Andhra Pradesh.

Particulars Details
Bank Federal Bank
IFSC Code FDRL0002549
Branch Sujatha Nagar - Visakhapatanam
City Visakhapatnam
District Visakhapatnam
State Andhra Pradesh
Address Door No.7-190/1/15, Chankya Nagar, Brts Road, Sujatha Nagar, Pendurthi Mandal, Visakhapatanam, Andhra Pradesh - 530051

These details help users in online banking and for businesses and individuals who use Federal Bank in Visakhapatnam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code FDRL0002549 for the Sujatha Nagar - Visakhapatanam 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 provided by the Reserve Bank of India. Every bank branch, along with Federal Bank located in Sujatha Nagar - Visakhapatanam, Visakhapatnam, Andhra Pradesh, are given a unique IFSC like FDRL0002549 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Visakhapatnam.
  • 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 Visakhapatnam and Visakhapatnam.
  • 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 Sujatha Nagar - Visakhapatanam goes to the correct branch. This is important because Federal Bank has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code FDRL0002549

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 Sujatha Nagar - Visakhapatanam in Visakhapatnam.

For example, the IFSC Code FDRL0002549 of Federal Bank for the Sujatha Nagar - Visakhapatanam branch has these elements, identifying the bank and the branch location in Visakhapatnam and Andhra Pradesh correctly.

How to Find IFSC Code for Federal Bank?

If you are trying to find the IFSC Code FDRL0002549 of Federal Bank for its Sujatha Nagar - Visakhapatanam branch located in Visakhapatnam, 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 Visakhapatnam and Visakhapatnam, 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 Sujatha Nagar - Visakhapatanam or Visakhapatnam to get the exact IFSC Code FDRL0002549.

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 Visakhapatnam that will provide accurate information.

How to Use IFSC Code FDRL0002549 for Online Transfers?

Once you have the IFSC Code FDRL0002549 for the Sujatha Nagar - Visakhapatanam branch of Federal Bank in Visakhapatnam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code FDRL0002549. 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 FDRL0002549.

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 Sujatha Nagar - Visakhapatanam in Visakhapatnam, 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 Sujatha Nagar - Visakhapatanam, 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 Visakhapatnam to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Federal Bank Sujatha Nagar - Visakhapatanam Visakhapatnam?

The IFSC Code of the Sujatha Nagar - Visakhapatanam Visakhapatnam branch is FDRL0002549.

Is IFSC Code FDRL0002549 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 Sujatha Nagar - Visakhapatanam branch?

The branch is located at Door No.7-190/1/15, Chankya Nagar, Brts Road, Sujatha Nagar, Pendurthi Mandal, Visakhapatanam, Andhra Pradesh - 530051.

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.

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