Use this page as a one-stop reference for everything related to Federal Bank's CHERPOLI branch in THANE, MAHARASHTRA. The branch's IFSC code FDRL0002719 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, FDRL0002719 is the IFSC of Federal Bank's CHERPOLI branch. The format is fixed: FDRL = bank code, 0 = reserved, 002719 = branch identifier.
Branch details at a glance
| Bank Name | Federal Bank |
|---|---|
| Branch | Cherpoli |
| IFSC Code | FDRL0002719 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO 2,3 AND 19, AKASH HEIGHTS, CHERPOLI, SHAHAPUR, THANE DISTRICT - 421601 |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 8087944424 |
About Federal Bank
Federal Bank operates a wide network of branches across India, including the Cherpoli branch in Thane. 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, FDRL0002719.
About this branch
The branch is located at SHOP NO 2,3 AND 19, AKASH HEIGHTS, CHERPOLI, SHAHAPUR, THANE DISTRICT - 421601. It serves the Thane 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 FDRL0002719 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 CHERPOLI branch came to be assigned the code FDRL0002719.
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 FDRL0002719, money simply cannot be routed to the CHERPOLI branch electronically.
How to transfer money using IFSC FDRL0002719
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 FDRL0002719 across all three.
NEFT to Federal Bank, CHERPOLI using IFSC FDRL0002719
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 FDRL0002719, and confirm that the system picks up Federal Bank – CHERPOLI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to CHERPOLI
If you need to transfer ₹2 lakh or more in one go to an account at Federal Bank's CHERPOLI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC FDRL0002719 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Federal Bank – CHERPOLI, use IMPS. With IFSC FDRL0002719 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Cherpoli
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 FDRL0002719:
- 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 CHERPOLI is still linked to IFSC FDRL0002719.
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 FDRL0002719
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 – CHERPOLI is still mapped to IFSC FDRL0002719. 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 FDRL0002719 and the beneficiary's account number to complete the transfer.
Account types you can open at the Cherpoli branch
Once you have an account at Federal Bank – CHERPOLI, the IFSC FDRL0002719 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 Cherpoli branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8087944424.
- 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 FDRL0002719
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 FDRL0002719 and the account number together uniquely identify the Cherpoli branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC FDRL0002719
Federal Bank customers can register for net banking and the bank's official mobile app once their account at the CHERPOLI 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 FDRL0002719 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.
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 – CHERPOLI:
- The IFSC is exactly FDRL0002719 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 CHERPOLI 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 Cherpoli branch
The branch is located at SHOP NO 2,3 AND 19, AKASH HEIGHTS, CHERPOLI, SHAHAPUR, THANE DISTRICT - 421601, which puts it inside Thane, the broader Thane district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Federal Bank Cherpoli branch” — the verified location pin for IFSC FDRL0002719 should appear at the top of the results.
- Confirm the branch is open by calling 91-8087944424 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 FDRL0002719 and your account number.
Verifying IFSC FDRL0002719 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 FDRL0002719 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8087944424.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Cherpoli 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 FDRL0002719 continue to work without interruption.
Branch address & contact
Federal BankCherpoli Branch
SHOP NO 2,3 AND 19, AKASH HEIGHTS, CHERPOLI, SHAHAPUR, THANE DISTRICT - 421601
Thane, Maharashtra
Phone: 91-8087944424
IFSC: FDRL0002719
Frequently asked questions
What is the phone number of Federal Bank Cherpoli branch?
You can reach the branch at 91-8087944424 during regular banking hours.
Is IFSC FDRL0002719 the same for all accounts at Cherpoli branch?
Yes. The IFSC FDRL0002719 is shared by every account held at Federal Bank's Cherpoli branch. Only the account number changes from customer to customer.
Can I use IFSC FDRL0002719 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC FDRL0002719 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 Cherpoli branch but serve different purposes.
Where is Federal Bank Cherpoli branch located?
Federal Bank's Cherpoli branch is located at SHOP NO 2,3 AND 19, AKASH HEIGHTS, CHERPOLI, SHAHAPUR, THANE DISTRICT - 421601, Thane, Maharashtra.
How quickly will an NEFT transfer using FDRL0002719 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Federal Bank – Cherpoli reflect within 30 minutes.
Summary
The IFSC code FDRL0002719 belongs to Federal Bank's CHERPOLI branch, located at SHOP NO 2,3 AND 19, AKASH HEIGHTS, CHERPOLI, SHAHAPUR, THANE DISTRICT - 421601 in THANE, 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.
