Below are the complete branch details for Federal Bank, MUMBAI IC COLONY BORIVILI branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is FDRL0001979. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case FDRL0001979 for Federal Bank – MUMBAI IC COLONY BORIVILI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Federal Bank's MUMBAI IC COLONY BORIVILI branch, the IFSC FDRL0001979 breaks down as follows: FDRL identifies the bank, 0 is the reserved character, and 001979 identifies this particular branch.
About the bank
Federal Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mumbai Ic Colony Borivili branch in Mumbai, Maharashtra is part of this network and uses the IFSC code FDRL0001979 for all electronic settlement.
Branch details at a glance
| Bank Name | Federal Bank |
|---|---|
| Branch | Mumbai Ic Colony Borivili |
| IFSC Code | FDRL0001979 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NOS. 4 AND 5, GROUND FLR., POONAM RESIDENC HOLY CROSS ROAD EXTN,I.C COLONY,BORIVILI WEST |
| City | Mumbai |
| District | Mumbai Suburban |
| State | Maharashtra |
| STD Code | 222 |
| Phone | 8938453 |
About this branch
The branch is located at SHOP NOS. 4 AND 5, GROUND FLR., POONAM RESIDENC HOLY CROSS ROAD EXTN,I.C COLONY,BORIVILI WEST. It serves the Mumbai 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 FDRL0001979 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 MUMBAI IC COLONY BORIVILI branch came to be assigned the code FDRL0001979.
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 FDRL0001979, money simply cannot be routed to the MUMBAI IC COLONY BORIVILI branch electronically.
Products and account variants supported
Every account opened at the Mumbai Ic Colony Borivili branch is mapped to IFSC FDRL0001979 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 FDRL0001979.
Products and services
Customers walking into the Mumbai Ic Colony Borivili 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 FDRL0001979
How to transfer money using IFSC FDRL0001979
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 FDRL0001979 across all three.
NEFT to Federal Bank, MUMBAI IC COLONY BORIVILI using IFSC FDRL0001979
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 FDRL0001979, and confirm that the system picks up Federal Bank – MUMBAI IC COLONY BORIVILI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC FDRL0001979
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 – MUMBAI IC COLONY BORIVILI, ensure your bank's portal accepts IFSC FDRL0001979 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Federal Bank – MUMBAI IC COLONY BORIVILI, use IMPS. With IFSC FDRL0001979 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC FDRL0001979 for Federal Bank – MUMBAI IC COLONY BORIVILI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – FDRL0001979 | Yes – FDRL0001979 | Yes – FDRL0001979 |
For most retail customers crediting the Mumbai Ic Colony Borivili branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC FDRL0001979
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Federal Bank – MUMBAI IC COLONY BORIVILI is still mapped to IFSC FDRL0001979. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC FDRL0001979 and the beneficiary's account number to complete the transfer.
Online banking and IFSC FDRL0001979
Federal Bank customers can register for net banking and the bank's official mobile app once their account at the MUMBAI IC COLONY BORIVILI 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 FDRL0001979 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 & cheque-truncation details
Cheques drawn on the Mumbai Ic Colony Borivili branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC FDRL0001979 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – MUMBAI IC COLONY BORIVILI:
- The IFSC is exactly FDRL0001979 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 MUMBAI IC COLONY BORIVILI 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.
Reaching the branch
The Mumbai Ic Colony Borivili branch sits at SHOP NOS. 4 AND 5, GROUND FLR., POONAM RESIDENC HOLY CROSS ROAD EXTN,I.C COLONY,BORIVILI WEST. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 222-8938453 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC FDRL0001979 and your account number.
Verifying IFSC FDRL0001979 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 FDRL0001979 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 222-8938453.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Mumbai Ic Colony Borivili are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to FDRL0001979 continue to work without interruption.
Branch address & contact
Federal BankMumbai Ic Colony Borivili Branch
SHOP NOS. 4 AND 5, GROUND FLR., POONAM RESIDENC HOLY CROSS ROAD EXTN,I.C COLONY,BORIVILI WEST
Mumbai, Maharashtra
Phone: 222-8938453
IFSC: FDRL0001979
Frequently asked questions
Where is Federal Bank Mumbai Ic Colony Borivili branch located?
Federal Bank's Mumbai Ic Colony Borivili branch is located at SHOP NOS. 4 AND 5, GROUND FLR., POONAM RESIDENC HOLY CROSS ROAD EXTN,I.C COLONY,BORIVILI WEST, Mumbai, Maharashtra.
How quickly will an NEFT transfer using FDRL0001979 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Federal Bank – Mumbai Ic Colony Borivili reflect within 30 minutes.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mumbai Ic Colony Borivili branch but serve different purposes.
Can I use IFSC FDRL0001979 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC FDRL0001979 to send funds instantly.
How do I add Federal Bank Mumbai Ic Colony Borivili as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC FDRL0001979, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of Federal Bank Mumbai Ic Colony Borivili branch?
You can reach the branch at 222-8938453 during regular banking hours.
Does Federal Bank Mumbai Ic Colony Borivili branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 222-8938453 to confirm.
Is IFSC FDRL0001979 the same for all accounts at Mumbai Ic Colony Borivili branch?
Yes. The IFSC FDRL0001979 is shared by every account held at Federal Bank's Mumbai Ic Colony Borivili branch. Only the account number changes from customer to customer.
Summary
The IFSC code FDRL0001979 belongs to Federal Bank's MUMBAI IC COLONY BORIVILI branch, located at SHOP NOS. 4 AND 5, GROUND FLR., POONAM RESIDENC HOLY CROSS ROAD EXTN,I.C… in MUMBAI, MAHARASHTRA. 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.
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