Friction surfacing is a novel solid state surface coating process with several advantages over conventional fusion welding based surfacing processes. In this work, austenitic stainless steel (AISI 310) and tool steel (H13) coatings were friction deposited on mild steel substrates for corrosion and wear protection, respectively. Microstructural studies were carried out by using optical and scanning electron microscopy. Shear tests and bend tests (ASTM A264) were conducted to assess the integrity of the coatings. This study brings out the microstructural features across the coating/substrate interface and its mechanical properties, showing good metallurgical bonding between stainless steel and tool steel coating over mild steel.