A system and method for frequency-selective demodulation is presented. An input signal is received that is modulated by frequency shift keying (FSK) and encodes data at a first and second frequency. The input signal is supplied to a plurality of estimators that include a first estimator configured to detect a first signal at the first frequency, a second estimator configured to detect a second signal at the second frequency, a third estimator configured to detect a third signal at a third frequency, and a fourth estimator configured to detect a fourth signal at a fourth frequency. An output is generated indicating receipt of the data encoded at the first frequency or the second frequency based upon outputs of the first estimator, the second estimator, the third estimator, and the fourth estimator.