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Federal Bank · Salem

FDRL0002358: Federal Bank, Salem Gugai

IFSC code FDRL0002358 belongs to the Salem Gugai branch of Federal Bank in Salem, Tamil Nadu.

IFSC
FDRL0002358
MICR
Not listed
Bank
Federal Bank
Branch
Salem Gugai
District
Salem
State
Tamil Nadu
Phone
+918903471252

Branch address

Federal Bank
No 2-1,Next to Shanthi Hospital,Itteri Road,Dadagapatti,Gugai,Salem,Tamil Nadu-636006

Open in a map · Pincode 636006: 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 002358 is the code of the Salem Gugai branch.

Other Federal Bank branches in Salem

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 Salem Gugai branch (Salem, Tamil Nadu) is FDRL0002358.

  2. No 2-1,Next to Shanthi Hospital,Itteri Road,Dadagapatti,Gugai,Salem,Tamil Nadu-636006

  3. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0002358 with the beneficiary's account number.

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