This page lists the IFSC code, branch address, contact number and fund-transfer information for Federal Bank, CHENNAI CREDIT HUB branch in CHENNAI. The 11-digit IFSC FDRL0000308 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Federal Bank at the CHENNAI CREDIT HUB location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Federal Bank – CHENNAI CREDIT HUB is FDRL0000308. The first four letters FDRL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000308 map to this branch in CHENNAI, TAMIL NADU.
Branch details at a glance
| Bank Name | Federal Bank |
|---|---|
| Branch | Chennai Credit Hub |
| IFSC Code | FDRL0000308 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 30, WEST COTT ROAD BHATTAD TOWERS, ROYAPETTAH |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 28587321 |
Bank profile
Federal Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Chennai Credit Hub branch — IFSC FDRL0000308 — extends the bank's services to customers in and around Chennai, Tamil Nadu.
About the Chennai Credit Hub branch
The Chennai Credit Hub branch of Federal Bank is situated at 30, WEST COTT ROAD BHATTAD TOWERS, ROYAPETTAH. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code FDRL0000308 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Federal Bank's CHENNAI CREDIT HUB branch came to be assigned the code FDRL0000308.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC FDRL0000308, money simply cannot be routed to the CHENNAI CREDIT HUB branch electronically.
How to transfer money using IFSC FDRL0000308
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC FDRL0000308 across all three.
NEFT to Federal Bank, CHENNAI CREDIT HUB using IFSC FDRL0000308
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC FDRL0000308, and confirm that the system picks up Federal Bank – CHENNAI CREDIT HUB. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC FDRL0000308
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Federal Bank – CHENNAI CREDIT HUB, ensure your bank's portal accepts IFSC FDRL0000308 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Federal Bank CHENNAI CREDIT HUB (IFSC FDRL0000308)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC FDRL0000308 in your mobile or internet banking app, and the money is credited to the CHENNAI CREDIT HUB branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC FDRL0000308 for Federal Bank – CHENNAI CREDIT HUB, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – FDRL0000308 | Yes – FDRL0000308 | Yes – FDRL0000308 |
For most retail customers crediting the Chennai Credit Hub branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC FDRL0000308
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Federal Bank – CHENNAI CREDIT HUB is still mapped to IFSC FDRL0000308. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC FDRL0000308 and the beneficiary's account number to complete the transfer.
Account types you can open at the Chennai Credit Hub branch
Once you have an account at Federal Bank – CHENNAI CREDIT HUB, the IFSC FDRL0000308 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Chennai Credit Hub branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 44-28587321.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC FDRL0000308
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Federal Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC FDRL0000308 and the account number together uniquely identify the Chennai Credit Hub branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC FDRL0000308
Federal Bank customers can register for net banking and the bank's official mobile app once their account at the CHENNAI CREDIT HUB branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC FDRL0000308 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Federal Bank – CHENNAI CREDIT HUB:
- The IFSC is exactly FDRL0000308 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Federal Bank as the bank name and CHENNAI CREDIT HUB as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Chennai Credit Hub branch
The branch is located at 30, WEST COTT ROAD BHATTAD TOWERS, ROYAPETTAH, which puts it inside Chennai, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “Federal Bank Chennai Credit Hub branch” — the verified location pin for IFSC FDRL0000308 should appear at the top of the results.
- Confirm the branch is open by calling 44-28587321 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC FDRL0000308 and your account number.
Verifying IFSC FDRL0000308 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm FDRL0000308 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 44-28587321.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Chennai Credit Hub are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to FDRL0000308 continue to work without interruption.
Branch address & contact
Federal BankChennai Credit Hub Branch
30, WEST COTT ROAD BHATTAD TOWERS, ROYAPETTAH
Chennai, Tamil Nadu
Phone: 44-28587321
IFSC: FDRL0000308
Frequently asked questions
How quickly will an NEFT transfer using FDRL0000308 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Federal Bank – Chennai Credit Hub reflect within 30 minutes.
How do I add Federal Bank Chennai Credit Hub as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC FDRL0000308, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Chennai Credit Hub branch but serve different purposes.
Is IFSC FDRL0000308 valid for NEFT and RTGS?
Yes. IFSC FDRL0000308 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Federal Bank Chennai Credit Hub branch?
The IFSC code of Federal Bank, Chennai Credit Hub branch is FDRL0000308. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC FDRL0000308 the same for all accounts at Chennai Credit Hub branch?
Yes. The IFSC FDRL0000308 is shared by every account held at Federal Bank's Chennai Credit Hub branch. Only the account number changes from customer to customer.
Where is Federal Bank Chennai Credit Hub branch located?
Federal Bank's Chennai Credit Hub branch is located at 30, WEST COTT ROAD BHATTAD TOWERS, ROYAPETTAH, Chennai, Tamil Nadu.
Summary
The IFSC code FDRL0000308 belongs to Federal Bank's CHENNAI CREDIT HUB branch, located at 30, WEST COTT ROAD BHATTAD TOWERS, ROYAPETTAH in CHENNAI, TAMIL NADU. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
