IFSC Code of Federal Bank, Transaction Banking Department Branch, Kerala

Use this page as a one-stop reference for everything related to Federal Bank's TRANSACTION BANKING DEPARTMENT branch in ERNAKULAM, KERALA. The branch's IFSC code FDRL0002293 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Federal Bank – TRANSACTION BANKING DEPARTMENT is FDRL0002293. The first four letters FDRL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002293 map to this branch in ERNAKULAM, KERALA.

About the bank

Federal Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Transaction Banking Department branch in Ernakulam, Kerala is part of this network and uses the IFSC code FDRL0002293 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at TRANSACTION BANKING DEPARTMENT, PARACKAL TOWERS, PARUR JUNCTION , THOTTAKATUKARA, ALUVA 683102. It serves the Ernakulam region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Federal Bank. The IFSC FDRL0002293 is used to identify this branch on the RBI payments network.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Federal Bank's TRANSACTION BANKING DEPARTMENT branch came to be assigned the code FDRL0002293.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC FDRL0002293, money simply cannot be routed to the TRANSACTION BANKING DEPARTMENT branch electronically.

Products and account variants supported

Every account opened at the Transaction Banking Department branch is mapped to IFSC FDRL0002293 on the RBI payments network. The branch generally supports the full retail product catalogue of Federal Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains FDRL0002293.

Products and services

Customers walking into the Transaction Banking Department branch can access most of Federal Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC FDRL0002293

How to transfer money using IFSC FDRL0002293

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC FDRL0002293 across all three.

NEFT to Federal Bank, TRANSACTION BANKING DEPARTMENT using IFSC FDRL0002293

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC FDRL0002293, and confirm that the system picks up Federal Bank – TRANSACTION BANKING DEPARTMENT. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC FDRL0002293

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Federal Bank – TRANSACTION BANKING DEPARTMENT, ensure your bank's portal accepts IFSC FDRL0002293 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Federal Bank TRANSACTION BANKING DEPARTMENT (IFSC FDRL0002293)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC FDRL0002293 in your mobile or internet banking app, and the money is credited to the TRANSACTION BANKING DEPARTMENT branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Transaction Banking Department

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC FDRL0002293:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at TRANSACTION BANKING DEPARTMENT is still linked to IFSC FDRL0002293.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Federal Bank's TRANSACTION BANKING DEPARTMENT branch, the IFSC FDRL0002293 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Online banking and IFSC FDRL0002293

Federal Bank customers can register for net banking and the bank's official mobile app once their account at the TRANSACTION BANKING DEPARTMENT branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC FDRL0002293 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Federal Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC FDRL0002293 and the account number together uniquely identify the Transaction Banking Department branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Federal Bank – TRANSACTION BANKING DEPARTMENT:

• The IFSC is exactly FDRL0002293 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Federal Bank as the bank name and TRANSACTION BANKING DEPARTMENT as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Transaction Banking Department branch

The branch is located at TRANSACTION BANKING DEPARTMENT, PARACKAL TOWERS, PARUR JUNCTION , THOTTAKATUKARA, ALUVA 683102, which puts it inside Ernakulam, the broader Ernakulam district, and the state of Kerala. To plan your visit:

1. Open Google Maps on your phone and search for “Federal Bank Transaction Banking Department branch” — the verified location pin for IFSC FDRL0002293 should appear at the top of the results.
2. Confirm the branch is open by calling 484-2752158 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC FDRL0002293 and your account number.

Verifying IFSC FDRL0002293 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm FDRL0002293 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 484-2752158.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Transaction Banking Department branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC FDRL0002293, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code FDRL0002293 belongs to Federal Bank's TRANSACTION BANKING DEPARTMENT branch, located at TRANSACTION BANKING DEPARTMENT, PARACKAL TOWERS, PARUR JUNCTION ,… in ERNAKULAM, KERALA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.