Nexnews
Loading…

NOTIFICATIONS

 
15th May
    Loading…

    IFSC Code of Federal Bank, Mathimangalam Then Branch, Tamil Nadu

    IFSC code FDRL0002586 - Federal Bank, Mathimangalam Then Branch, Mathimangalam, Tamil Nadu. Use it for NEFT, RTGS and IMPS transfers.

    Use this page as a one-stop reference for everything related to Federal Bank's MATHIMANGALAM THEN branch in MATHIMANGALAM, TAMIL NADU. The branch's IFSC code FDRL0002586 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

    An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

    For Federal Bank's MATHIMANGALAM THEN branch, the IFSC FDRL0002586 breaks down as follows: FDRL identifies the bank, 0 is the reserved character, and 002586 identifies this particular branch.

    About Federal Bank

    Federal Bank operates a wide network of branches across India, including the Mathimangalam Then branch in Mathimangalam. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, FDRL0002586.

    Branch details at a glance

    Bank NameFederal Bank
    BranchMathimangalam Then
    IFSC CodeFDRL0002586
    MICR CodeRefer to cheque leaf
    Branch AddressDOOR NO 216 , MAINROAD , THENMATHIMANGALAM TAMIL NADU-606908
    CityMathimangalam
    DistrictTiruvannamalai
    StateTamil Nadu
    STD Code91
    Phone9698756240

    About this branch

    The branch is located at DOOR NO 216 , MAINROAD , THENMATHIMANGALAM TAMIL NADU-606908. It serves the Mathimangalam region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Federal Bank. The IFSC FDRL0002586 is used to identify this branch on the RBI payments network.

    Why every Federal Bank branch has a unique IFSC

    Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MATHIMANGALAM THEN of Federal Bank — its own 11-character IFSC. The code FDRL0002586 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

    Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC FDRL0002586 the same way you would treat your account number — verify it once and save it carefully for future use.

    Account types you can open at the Mathimangalam Then branch

    Once you have an account at Federal Bank – MATHIMANGALAM THEN, the IFSC FDRL0002586 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 Mathimangalam Then branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9698756240.

    • 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 FDRL0002586

    How to transfer money using IFSC FDRL0002586

    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 FDRL0002586 across all three.

    NEFT to Federal Bank, MATHIMANGALAM THEN using IFSC FDRL0002586

    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 FDRL0002586, and confirm that the system picks up Federal Bank – MATHIMANGALAM THEN. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

    Real-Time Gross Settlement to MATHIMANGALAM THEN

    If you need to transfer ₹2 lakh or more in one go to an account at Federal Bank's MATHIMANGALAM THEN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC FDRL0002586 while initiating the transfer and the credit will appear within minutes.

    Send money instantly through IMPS

    For a real-time, anytime transfer to Federal Bank – MATHIMANGALAM THEN, use IMPS. With IFSC FDRL0002586 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

    NEFT vs RTGS vs IMPS — which one should you use?

    All three modes accept the IFSC FDRL0002586 for Federal Bank – MATHIMANGALAM THEN, 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.

    ParameterNEFTRTGSIMPS
    Minimum amount₹1₹2,00,000₹1
    Maximum amountNo RBI capNo RBI cap₹5,00,000
    SettlementHalf-hourly batchesReal-timeReal-time
    Availability24x724x724x7
    Best forRoutine transfersHigh-value transfersUrgent small / mid transfers
    IFSC requiredYes – FDRL0002586Yes – FDRL0002586Yes – FDRL0002586

    For most retail customers crediting the Mathimangalam Then 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 FDRL0002586

    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 – MATHIMANGALAM THEN is still mapped to IFSC FDRL0002586. 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 FDRL0002586 and the beneficiary's account number to complete the transfer.

    Online banking and IFSC FDRL0002586

    Federal Bank customers can register for net banking and the bank's official mobile app once their account at the MATHIMANGALAM THEN 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 FDRL0002586 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.

    MICR & cheque-truncation details

    Cheques drawn on the Mathimangalam Then branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC FDRL0002586 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

    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 – MATHIMANGALAM THEN:

    • The IFSC is exactly FDRL0002586 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 MATHIMANGALAM THEN 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 Mathimangalam Then branch

    The branch is located at DOOR NO 216 , MAINROAD , THENMATHIMANGALAM TAMIL NADU-606908, which puts it inside Mathimangalam, the broader Tiruvannamalai district, and the state of Tamil Nadu. To plan your visit:

    1. Open Google Maps on your phone and search for “Federal Bank Mathimangalam Then branch” — the verified location pin for IFSC FDRL0002586 should appear at the top of the results.
    2. Confirm the branch is open by calling 91-9698756240 before stepping out, especially around public holidays.
    3. 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 FDRL0002586 and your account number.

    Verifying IFSC FDRL0002586 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 FDRL0002586 by:

    • Looking at the cheque leaf – IFSC is printed near the MICR band.
    • Opening the passbook's first page.
    • Calling the branch directly on 91-9698756240.
    • Visiting the bank's official branch locator page.

    Working hours

    Branch counters at Mathimangalam Then 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 FDRL0002586 continue to work without interruption.

    Branch address & contact

    Federal Bank
    Mathimangalam Then Branch
    DOOR NO 216 , MAINROAD , THENMATHIMANGALAM TAMIL NADU-606908
    Mathimangalam, Tamil Nadu
    Phone: 91-9698756240
    IFSC: FDRL0002586

    Frequently asked questions

    What is the IFSC code of Federal Bank Mathimangalam Then branch?

    The IFSC code of Federal Bank, Mathimangalam Then branch is FDRL0002586. It is used for NEFT, RTGS and IMPS fund transfers to this branch.

    Can I use IFSC FDRL0002586 for IMPS transfers?

    Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC FDRL0002586 to send funds instantly.

    Does Federal Bank Mathimangalam Then branch offer locker facilities?

    Locker availability depends on branch size and customer demand. Please contact the branch on 91-9698756240 to confirm.

    What is the phone number of Federal Bank Mathimangalam Then branch?

    You can reach the branch at 91-9698756240 during regular banking hours.

    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 Mathimangalam Then branch but serve different purposes.

    Is IFSC FDRL0002586 the same for all accounts at Mathimangalam Then branch?

    Yes. The IFSC FDRL0002586 is shared by every account held at Federal Bank's Mathimangalam Then branch. Only the account number changes from customer to customer.

    How do I add Federal Bank Mathimangalam Then as a beneficiary?

    Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC FDRL0002586, and complete OTP verification. Once activated, you can transfer funds at any time.

    Where is Federal Bank Mathimangalam Then branch located?

    Federal Bank's Mathimangalam Then branch is located at DOOR NO 216 , MAINROAD , THENMATHIMANGALAM TAMIL NADU-606908, Mathimangalam, Tamil Nadu.

    Final notes

    To recap: FDRL0002586 is the IFSC code of Federal Bank, MATHIMANGALAM THEN branch, in MATHIMANGALAM, TAMIL NADU. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.

    ad
    ad

    keyboard_arrow_up