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Federal Bank · East Singhbum

FDRL0001516: Federal Bank, Jamshedpur Sakchi

IFSC code FDRL0001516 belongs to the Jamshedpur Sakchi branch of Federal Bank in East Singhbum, Jharkhand. Its MICR code is 831049003.

IFSC
FDRL0001516
MICR
831049003
Bank
Federal Bank
Branch
Jamshedpur Sakchi
District
East Singhbum
State
Jharkhand
Phone
+919990976200

Branch address

Federal Bank
Kerala Samajam School Jamshadpur

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

FDRL is Federal Bank's bank code, the fifth character 0 is kept for future use, and 001516 is the code of the Jamshedpur Sakchi branch. In the MICR code 831049003, 831 is the city, 049 the bank and 003 the branch.

Other Federal Bank branches in East Singhbum

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Federal Bank's Jamshedpur Sakchi branch (East Singhbum, Jharkhand) is FDRL0001516.

  2. 831049003. MICR is printed at the bottom of the branch's cheques.

  3. Kerala Samajam School Jamshadpur

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0001516 with the beneficiary's account number.

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