Federal Bank, MAHABUBNAGAR, MAHABUBNAGAR Branch IFSC Code

The IFSC code FDRL0002398 is assigned to Federal Bank, MAHABUBNAGAR located in MAHABUBNAGAR, TELANGANA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Federal Bank
IFSC Code FDRL0002398
Branch Code 002398
Branch MAHABUBNAGAR
City MAHABUBNAGAR
District MAHABUBNAGAR
State TELANGANA
Address H NO.10-5-87/2A, PART OF PLOT NO. 4&13, SRINIVAS COLONY, YENUGONDA STREET, MAHABUBNAGAR, TELANGANA - 509001 Maps
Contact +919686441408

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

FDRL Bank Code
0 Reserved (0)
002398 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code FDRL0002398 is the Indian Financial System Code assigned to Federal Bank, MAHABUBNAGAR branch in MAHABUBNAGAR, TELANGANA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MAHABUBNAGAR, MAHABUBNAGAR, TELANGANA. The full address is: H NO.10-5-87/2A, PART OF PLOT NO. 4&13, SRINIVAS COLONY, YENUGONDA STREET, MAHABUBNAGAR, TELANGANA - 509001

The branch code is 002398. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Federal Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: FDRL0002398
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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