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Federal Bank

SHAHDARA ANAND VIHAR BRANCH

+919924018535

IFSC CODE
FDRL0002474
MICR Code
Branch Code 002474
City / District SHAHDARA
State DELHI
Office Address A-10, GROUND FLOOR, PUSHPANJALI, VIKAS MARG EXTENSION, ANAND VIHAR, SHAHDARA DISTRICT, NCT OF DELHI- 110092
Phone +919924018535
📍 View Branch on Google Maps

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 SHAHDARA ANAND VIHAR branch of Federal Bank, the code FDRL0002474 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 FDRL0002474 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 SHAHDARA ANAND VIHAR

Payment Systems Supported by FDRL0002474

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 SHAHDARA typically follows the RBI holiday calendar. Digital transfers via FDRL0002474 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 FDRL0002474 is the valid code for SHAHDARA ANAND VIHAR at SHAHDARA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • SHAHDARA ANAND VIHAR Contact
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Platform Links

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  • • IFSC Finder v2.0

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