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Federal Bank · Guntur

FDRL0002248: Federal Bank, Budampadu

IFSC code FDRL0002248 belongs to the Budampadu branch of Federal Bank in Guntur, Andhra Pradesh. Its MICR code is 520049103.

IFSC
FDRL0002248
MICR
520049103
Bank
Federal Bank
Branch
Budampadu
District
Guntur
State
Andhra Pradesh
Phone
+918632332277

Branch address

Federal Bank
Door No 1-98, Near Lord Ganesha Temple, Budampadu, Guntur Rural District,Andhra Pradesh, 522007

Open in a map · Pincode 522007: post offices and area

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 002248 is the code of the Budampadu branch. In the MICR code 520049103, 520 is the city, 049 the bank and 103 the branch.

Other Federal Bank branches in Guntur

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 Budampadu branch (Guntur, Andhra Pradesh) is FDRL0002248.

  2. 520049103. MICR is printed at the bottom of the branch's cheques.

  3. Door No 1-98, Near Lord Ganesha Temple, Budampadu, Guntur Rural District,Andhra Pradesh, 522007

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0002248 with the beneficiary's account number.

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