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Federal Bank · Erode

FDRL0002313: Federal Bank, Nallur

IFSC code FDRL0002313 belongs to the Nallur branch of Federal Bank in Erode, Tamil Nadu. Its MICR code is 638049403.

IFSC
FDRL0002313
MICR
638049403
Bank
Federal Bank
Branch
Nallur
District
Erode
State
Tamil Nadu
Phone
+919791961911

Branch address

Federal Bank
SKS Towers, 5642,Sathy Main Road, Nehru Nagar, Nallur

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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 002313 is the code of the Nallur branch. In the MICR code 638049403, 638 is the city, 049 the bank and 403 the branch.

Other Federal Bank branches in Erode

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 Nallur branch (Erode, Tamil Nadu) is FDRL0002313.

  2. 638049403. MICR is printed at the bottom of the branch's cheques.

  3. SKS Towers, 5642,Sathy Main Road, Nehru Nagar, Nallur

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0002313 with the beneficiary's account number.

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