If you are searching for the IFSC code of Federal Bank, PALATHURAI branch in PALATHURAI, TAMIL NADU, this page has every detail you need. The verified IFSC code for this branch is FDRL0002101. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PALATHURAI branch, and detailed step-by-step guides for using the IFSC FDRL0002101 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
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 – PALATHURAI is FDRL0002101. The first four letters FDRL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002101 map to this branch in PALATHURAI, TAMIL NADU.
About the bank
Federal Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Palathurai branch in Palathurai, Tamil Nadu is part of this network and uses the IFSC code FDRL0002101 for all electronic settlement.
About this branch
The branch is located at 2/83,MURUGAN KOVIL STREET NACHIPALAYAM MAIN ROAD,COIMBATORE DIST.. It serves the Palathurai 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 FDRL0002101 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Federal Bank |
|---|---|
| Branch | Palathurai |
| IFSC Code | FDRL0002101 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 2/83,MURUGAN KOVIL STREET NACHIPALAYAM MAIN ROAD,COIMBATORE DIST. |
| City | Palathurai |
| District | Coimbatore |
| State | Tamil Nadu |
| STD Code | 422 |
| Phone | 2622303 |
Why every Federal Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PALATHURAI of Federal Bank — its own 11-character IFSC. The code FDRL0002101 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC FDRL0002101 the same way you would treat your account number — verify it once and save it carefully for future use.
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 FDRL0002101 and the account number together uniquely identify the Palathurai branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC FDRL0002101
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 FDRL0002101 across all three.
How to use IFSC FDRL0002101 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Federal Bank's PALATHURAI branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC FDRL0002101.
- Confirm the bank name auto-populates as Federal Bank and the branch as PALATHURAI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to PALATHURAI
If you need to transfer ₹2 lakh or more in one go to an account at Federal Bank's PALATHURAI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC FDRL0002101 while initiating the transfer and the credit will appear within minutes.
IMPS to Federal Bank PALATHURAI (IFSC FDRL0002101)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC FDRL0002101 in your mobile or internet banking app, and the money is credited to the PALATHURAI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Palathurai
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 FDRL0002101:
- 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 PALATHURAI is still linked to IFSC FDRL0002101.
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.
UPI payments and IFSC FDRL0002101
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 – PALATHURAI is still mapped to IFSC FDRL0002101. 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 FDRL0002101 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Palathurai branch is mapped to IFSC FDRL0002101 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 FDRL0002101.
Banking services available
The Palathurai branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 422-2622303.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC FDRL0002101
Online banking and IFSC FDRL0002101
Federal Bank customers can register for net banking and the bank's official mobile app once their account at the PALATHURAI 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 FDRL0002101 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.
How to reach the Palathurai branch
The branch is located at 2/83,MURUGAN KOVIL STREET NACHIPALAYAM MAIN ROAD,COIMBATORE DIST., which puts it inside Palathurai, the broader Coimbatore district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Federal Bank Palathurai branch” — the verified location pin for IFSC FDRL0002101 should appear at the top of the results.
- Confirm the branch is open by calling 422-2622303 before stepping out, especially around public holidays.
- 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 FDRL0002101 and your account number.
Common mistakes to avoid when using IFSC FDRL0002101
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Federal Bank – PALATHURAI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
FDRL0002101. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Palathurai 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 FDRL0002101 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC FDRL0002101 for Federal Bank – PALATHURAI, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Federal BankPalathurai Branch
2/83,MURUGAN KOVIL STREET NACHIPALAYAM MAIN ROAD,COIMBATORE DIST.
Palathurai, Tamil Nadu
Phone: 422-2622303
IFSC: FDRL0002101
Frequently asked questions
Does Federal Bank Palathurai branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 422-2622303 to confirm.
What is the IFSC code of Federal Bank Palathurai branch?
The IFSC code of Federal Bank, Palathurai branch is FDRL0002101. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Federal Bank Palathurai branch?
You can reach the branch at 422-2622303 during regular banking hours.
Is IFSC FDRL0002101 valid for NEFT and RTGS?
Yes. IFSC FDRL0002101 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC FDRL0002101 the same for all accounts at Palathurai branch?
Yes. The IFSC FDRL0002101 is shared by every account held at Federal Bank's Palathurai branch. Only the account number changes from customer to customer.
Can I use IFSC FDRL0002101 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC FDRL0002101 to send funds instantly.
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 Palathurai branch but serve different purposes.
Where is Federal Bank Palathurai branch located?
Federal Bank's Palathurai branch is located at 2/83,MURUGAN KOVIL STREET NACHIPALAYAM MAIN ROAD,COIMBATORE DIST., Palathurai, Tamil Nadu.
Summary
The IFSC code FDRL0002101 belongs to Federal Bank's PALATHURAI branch, located at 2/83,MURUGAN KOVIL STREET NACHIPALAYAM MAIN ROAD,COIMBATORE DIST. in PALATHURAI, TAMIL NADU. 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.
