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Federal Bank · Chennai

FDRL0002391: Federal Bank, Iron and Steel Market-Sathangadu

IFSC code FDRL0002391 belongs to the Iron and Steel Market-Sathangadu branch of Federal Bank in Chennai, Tamil Nadu.

IFSC
FDRL0002391
MICR
Not listed
Bank
Federal Bank
Branch
Iron and Steel Market-Sathangadu
District
Chennai
State
Tamil Nadu
Phone
+918825590751

Branch address

Federal Bank
GF,Cao Administrative Building, Market Management Committee,Iron and Steel Market,Sathangadu,Chennai-600068

Open in a map · Pincode 600068: 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 002391 is the code of the Iron and Steel Market-Sathangadu branch.

Other Federal Bank branches in Chennai

All 40 Federal Bank branches in Chennai

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.

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  1. The IFSC of Federal Bank's Iron and Steel Market-Sathangadu branch (Chennai, Tamil Nadu) is FDRL0002391.

  2. GF,Cao Administrative Building, Market Management Committee,Iron and Steel Market,Sathangadu,Chennai-600068

  3. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC FDRL0002391 with the beneficiary's account number.

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