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Federal Bank

CHENNAI ASSET RECOVERY Branch, CHENNAI

IFSC Code
FDRL0001408
Required for NEFT, RTGS, IMPS money transfers
MICR Code
N/A
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

FDRL Bank Code (1-4)
0 Control Zero (5th)
001408 Branch Code (6-11)

Complete Branch Details

Full Address ASSET RECOVERY BRANCH 1ST FL NO.57 ROYAPETTAH HG RD ROYAPETTAH CHN
State TAMIL NADU
District / City CHENNAI
Centre / Region CHENNAI
Contact / Helpline +914428130988
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code FDRL0001408.
  4. Confirm bank name displays as Federal Bank and branch as CHENNAI ASSET RECOVERY.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (FDRL0001408)

What is the IFSC code of Federal Bank CHENNAI ASSET RECOVERY branch? ↓

The verified 11-digit IFSC code is FDRL0001408. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Federal Bank CHENNAI ASSET RECOVERY? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is N/A. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is ASSET RECOVERY BRANCH 1ST FL NO.57 ROYAPETTAH HG RD ROYAPETTAH CHN, located in CHENNAI district, TAMIL NADU.

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CHENNAI ZONAL OFFICE Branch

CHENNAI, TAMIL NADU

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CHENNAI CREDIT HUB Branch

CHENNAI, TAMIL NADU

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CHENNAI ROYAPETTAH Branch

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 FDRL0001403

MUMBAI ASSET RECOVERY Branch

MUMBAI, MAHARASHTRA

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ERNAKULAM ASSET RECOVERY Branch

ERNAKULAM, KERALA

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BANGALORE ASSET RECOVERY Branch

BANGALORE, KARNATAKA

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KOZHIKODE ASSET RECOVERY Branch

KOZHIKODE, KERALA

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NEW DELHI ASSET RECOVERY Branch

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