FDRL0002307: Federal Bank, Nizamabad
IFSC code FDRL0002307 belongs to the Nizamabad branch of Federal Bank in Nizamabad, Telangana. Its MICR code is 503049002.
- IFSC
- FDRL0002307
- MICR
- 503049002
- Bank
- Federal Bank
- Branch
- Nizamabad
- District
- Nizamabad
- State
- Telangana
- Phone
- +918462222307
Branch address
Federal Bank
No 10-3-424, Girirajmal Apartment, Opp Laxmi Shailaha Fuel Complex, Shivaji Nagar, RR Chowrasta, Nizamabad, Telangana 503001
Open in a map · Pincode 503001: post offices and area
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 002307 is the code of the Nizamabad branch. In the MICR code 503049002, 503 is the city, 049 the bank and 002 the branch.
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.
- Personal loan and business loan — apply once, see offers from several lenders.
- EMI calculator — the monthly payment for any amount and tenure.
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.
The IFSC of Federal Bank's Nizamabad branch (Nizamabad, Telangana) is FDRL0002307.
503049002. MICR is printed at the bottom of the branch's cheques.
No 10-3-424, Girirajmal Apartment, Opp Laxmi Shailaha Fuel Complex, Shivaji Nagar, RR Chowrasta, Nizamabad, Telangana 503001
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0002307 with the beneficiary's account number.
Ready to get started?
Pick a loan, share a few details and see the offers you may be eligible for — no obligation.
- One application
- Paperless, AA-based
- No obligation