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Federal Bank · Ballari

FDRL0001589: Federal Bank, Bellary

IFSC code FDRL0001589 belongs to the Bellary branch of Federal Bank in Ballari, Karnataka. Its MICR code is 583049102.

IFSC
FDRL0001589
MICR
583049102
Bank
Federal Bank
Branch
Bellary
District
Ballari
State
Karnataka
Phone
+919986277163

Branch address

Federal Bank
Modi Chambers, 2nd Cross, Gandhinagar, Bellary

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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 001589 is the code of the Bellary branch. In the MICR code 583049102, 583 is the city, 049 the bank and 102 the branch.

Other Federal Bank branches in Ballari

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 Bellary branch (Ballari, Karnataka) is FDRL0001589.

  2. 583049102. MICR is printed at the bottom of the branch's cheques.

  3. Modi Chambers, 2nd Cross, Gandhinagar, Bellary

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0001589 with the beneficiary's account number.

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