Use this page as a one-stop reference for everything related to Federal Bank's VARKALA branch in VARKALA, KERALA. The branch's IFSC code FDRL0001129 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, FDRL0001129 is the IFSC of Federal Bank's VARKALA branch. The format is fixed: FDRL = bank code, 0 = reserved, 001129 = branch identifier.
About Federal Bank
Federal Bank operates a wide network of branches across India, including the Varkala branch in Varkala. 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, FDRL0001129.
Branch details at a glance
| Bank Name | Federal Bank |
|---|---|
| Branch | Varkala |
| IFSC Code | FDRL0001129 |
| MICR Code | Refer to cheque leaf |
| Branch Address | P B NO. 1423 PERUMKUDY SHOPPING COMPLEX VARKALA |
| City | Varkala |
| District | Thiruvanthapuram |
| State | Kerala |
| STD Code | 470 |
| Phone | 2602444 |
About this branch
The branch is located at P B NO. 1423 PERUMKUDY SHOPPING COMPLEX VARKALA. It serves the Varkala 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 FDRL0001129 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 VARKALA branch came to be assigned the code FDRL0001129.
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 FDRL0001129, money simply cannot be routed to the VARKALA branch electronically.
Products and account variants supported
Every account opened at the Varkala branch is mapped to IFSC FDRL0001129 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 FDRL0001129.
Banking services available
The Varkala branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 470-2602444.
- 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 FDRL0001129
How to transfer money using IFSC FDRL0001129
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 FDRL0001129 across all three.
How to use IFSC FDRL0001129 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Federal Bank's VARKALA 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 FDRL0001129.
- Confirm the bank name auto-populates as Federal Bank and the branch as VARKALA.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC FDRL0001129
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 – VARKALA, ensure your bank's portal accepts IFSC FDRL0001129 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Federal Bank VARKALA (IFSC FDRL0001129)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC FDRL0001129 in your mobile or internet banking app, and the money is credited to the VARKALA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Varkala
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 FDRL0001129:
- 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 VARKALA is still linked to IFSC FDRL0001129.
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 VARKALA branch, the IFSC FDRL0001129 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.
Digital banking channels
Most day-to-day work that customers used to do at the Varkala 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 FDRL0001129 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.
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 FDRL0001129 and the account number together uniquely identify the Varkala branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC FDRL0001129
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 – VARKALA, 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:
FDRL0001129. - 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.
Reaching the branch
The Varkala branch sits at P B NO. 1423 PERUMKUDY SHOPPING COMPLEX VARKALA. If you are travelling from outside Varkala, search for the branch on a maps application using the bank name and locality, or call 470-2602444 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 FDRL0001129 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC FDRL0001129 for Federal Bank – VARKALA, 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.
Working hours
Branch counters at Varkala 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 FDRL0001129 continue to work without interruption.
Branch address & contact
Federal BankVarkala Branch
P B NO. 1423 PERUMKUDY SHOPPING COMPLEX VARKALA
Varkala, Kerala
Phone: 470-2602444
IFSC: FDRL0001129
Frequently asked questions
What is the phone number of Federal Bank Varkala branch?
You can reach the branch at 470-2602444 during regular banking hours.
Is IFSC FDRL0001129 valid for NEFT and RTGS?
Yes. IFSC FDRL0001129 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Federal Bank Varkala branch?
The IFSC code of Federal Bank, Varkala branch is FDRL0001129. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using FDRL0001129 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Federal Bank – Varkala reflect within 30 minutes.
How do I add Federal Bank Varkala as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC FDRL0001129, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC FDRL0001129 the same for all accounts at Varkala branch?
Yes. The IFSC FDRL0001129 is shared by every account held at Federal Bank's Varkala branch. Only the account number changes from customer to customer.
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 Varkala branch but serve different purposes.
Does Federal Bank Varkala branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 470-2602444 to confirm.
Final notes
To recap: FDRL0001129 is the IFSC code of Federal Bank, VARKALA branch, in VARKALA, KERALA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
