IFSC Code FDRL0002296 - Federal Bank-VELANCHERY-Chennai
| Detail | Information |
|---|---|
| IFSC Code | FDRL0002296 |
| Bank Name | Federal Bank |
| Address | NEW NO 20, OLD NO 1 B, III MAIN ROAD , RAJALAKSHMI NAGAR, VELACHERY 600042 |
| District | Chennai |
| State | Tamil nadu |
| Branch | Velanchery |
| Contact | +919677405988 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 600049029 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-TN |
| Bankcode | FDRL |
Overview of FDRL0002296
The IFSC code FDRL0002296 is associated with the Chennai VELANCHERY Branch of Federal Bank. Located in the bustling city of Chennai, TAMIL NADU, this branch is one of the many Federal Bank branches that cater to the banking needs of the local residents. The code "FDRL" in FDRL0002296 represents Federal Bank Bank, while 0002296 signifies the unique branch code for VELANCHERY.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like FDRL0002296, for the VELANCHERY Branch, cannot be overstated. It acts as an address that identifies both the Federal Bank and its specific branch in Chennai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.
Deep Dive into FDRL0002296
The IFSC code FDRL0002296 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Federal Bank in Chennai. Let's break down the details:
- IFSC Code (FDRL0002296): This unique code is essential for electronic fund transfers. The first four characters "FDRL" represent the bank's name, Federal Bank. The last six characters "0002296" are a unique identifier for the VELANCHERY branch.
- Bank Name (Federal Bank): One of [country]'s leading banks, Federal Bank offers a wide range of banking products and financial services to its vast customer base.
- Address (NEW NO 20, OLD NO 1 B, III MAIN ROAD , RAJALAKSHMI NAGAR, VELACHERY 600042): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Chennai, TAMIL NADU): The branch is situated in the heart of Chennai, the capital city of TAMIL NADU. A city known for its [CITY_FEATURES].
- Branch (VELANCHERY): The [AREA_NAME] area in Chennai is a hub of activity, and the Federal Bank branch here caters to both individual and business banking needs.
- Phone Number (+919677405988): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.