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Federal Bank

STATE SOL ODISHA BRANCH

IFSC CODE
FDRL0000807
MICR Code
Branch Code 000807
City / District BALESHWAR
State ODISHA
Office Address VIVEKANANDA MARG,BALASORE P O,ORISSA,BALESHWAR
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Federal Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the STATE SOL ODISHA branch of Federal Bank, the code FDRL0000807 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the FDRL0000807 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"FDRL" represents Federal Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for STATE SOL ODISHA

Payment Systems Supported by FDRL0000807

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code——is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Federal Bank in BALESHWAR typically follows the RBI holiday calendar. Digital transfers via FDRL0000807 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While FDRL0000807 is the valid code for STATE SOL ODISHA at BALESHWAR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Federal Bank Branch List
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Financial Tools

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Branch Context

  • • STATE SOL ODISHA Contact
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Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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