This page lists the IFSC code, branch address, contact number and fund-transfer information for Federal Bank, PUNE- BANER branch in PUNE. The 11-digit IFSC FDRL0002687 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Federal Bank at the PUNE- BANER location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – PUNE- BANER is FDRL0002687. The first four letters FDRL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002687 map to this branch in PUNE, MAHARASHTRA.
About Federal Bank
Federal Bank operates a wide network of branches across India, including the Pune- Baner branch in Pune. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, FDRL0002687.
Pune- Baner branch overview
Located at SHOP 4B, SAI EMPIRE BUILDING, S.NO. 182/1/2, BANER ROAD, NEXT TO HDFC BANK, PUNE, MAHARASHTRA, 411069, the Pune- Baner branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC FDRL0002687 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Federal Bank |
|---|---|
| Branch | Pune- Baner |
| IFSC Code | FDRL0002687 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP 4B, SAI EMPIRE BUILDING, S.NO. 182/1/2, BANER ROAD, NEXT TO HDFC BANK, PUNE, MAHARASHTRA, 411069 |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9112277029 |
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 PUNE- BANER branch came to be assigned the code FDRL0002687.
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 FDRL0002687, money simply cannot be routed to the PUNE- BANER branch electronically.
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 FDRL0002687 and the account number together uniquely identify the Pune- Baner branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC FDRL0002687
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 FDRL0002687 across all three.
How to use IFSC FDRL0002687 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Federal Bank's PUNE- BANER 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 FDRL0002687.
- Confirm the bank name auto-populates as Federal Bank and the branch as PUNE- BANER.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC FDRL0002687
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 – PUNE- BANER, ensure your bank's portal accepts IFSC FDRL0002687 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Federal Bank – PUNE- BANER, use IMPS. With IFSC FDRL0002687 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 FDRL0002687 for Federal Bank – PUNE- BANER, 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 – FDRL0002687 | Yes – FDRL0002687 | Yes – FDRL0002687 |
For most retail customers crediting the Pune- Baner 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.
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 PUNE- BANER branch, the IFSC FDRL0002687 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.
Account types you can open at the Pune- Baner branch
Once you have an account at Federal Bank – PUNE- BANER, the IFSC FDRL0002687 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Pune- Baner branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9112277029.
- 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 FDRL0002687
Digital banking channels
Most day-to-day work that customers used to do at the Pune- Baner branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC FDRL0002687 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
How to reach the Pune- Baner branch
The branch is located at SHOP 4B, SAI EMPIRE BUILDING, S.NO. 182/1/2, BANER ROAD, NEXT TO HDFC BANK, PUNE, MAHARASHTRA, 411069, which puts it inside Pune, the broader Pune district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Federal Bank Pune- Baner branch” — the verified location pin for IFSC FDRL0002687 should appear at the top of the results.
- Confirm the branch is open by calling 91-9112277029 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 FDRL0002687 and your account number.
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 – PUNE- BANER:
- The IFSC is exactly FDRL0002687 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 PUNE- BANER 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.
Working hours
Branch counters at Pune- Baner 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 FDRL0002687 continue to work without interruption.
Verifying IFSC FDRL0002687 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 FDRL0002687 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9112277029.
- Visiting the bank's official branch locator page.
Branch address & contact
Federal BankPune- Baner Branch
SHOP 4B, SAI EMPIRE BUILDING, S.NO. 182/1/2, BANER ROAD, NEXT TO HDFC BANK, PUNE, MAHARASHTRA, 411069
Pune, Maharashtra
Phone: 91-9112277029
IFSC: FDRL0002687
Frequently asked questions
Can I use IFSC FDRL0002687 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC FDRL0002687 to send funds instantly.
How quickly will an NEFT transfer using FDRL0002687 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Federal Bank – Pune- Baner reflect within 30 minutes.
Does Federal Bank Pune- Baner branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9112277029 to confirm.
Is IFSC FDRL0002687 the same for all accounts at Pune- Baner branch?
Yes. The IFSC FDRL0002687 is shared by every account held at Federal Bank's Pune- Baner branch. Only the account number changes from customer to customer.
What is the phone number of Federal Bank Pune- Baner branch?
You can reach the branch at 91-9112277029 during regular banking hours.
Is IFSC FDRL0002687 valid for NEFT and RTGS?
Yes. IFSC FDRL0002687 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Federal Bank Pune- Baner branch located?
Federal Bank's Pune- Baner branch is located at SHOP 4B, SAI EMPIRE BUILDING, S.NO. 182/1/2, BANER ROAD, NEXT TO HDFC BANK, PUNE, MAHARASHTRA, 411069, Pune, Maharashtra.
How do I add Federal Bank Pune- Baner as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC FDRL0002687, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code FDRL0002687 belongs to Federal Bank's PUNE- BANER branch, located at SHOP 4B, SAI EMPIRE BUILDING, S.NO. 182/1/2, BANER ROAD, NEXT TO HDFC BANK,… in PUNE, 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.
