To reduce the sintering temperature of spinel coatings to a safe temperature for Fe–Cr ferritic alloys, an MnCo2O4–MnO2 bicomponent coating has been prepared on SUS430 ferritic alloy by slurry coating, followed by air sintering at a temperature of 800 °C. The resultant coating is stable during cyclic oxidation tests and is effective at improving the oxidation resistance of SUS430 alloy. The area-specific resistance of coated samples remains nearly constant during long-term oxidation at 800 °C and is less than 6 mΩ cm2 even after oxidation for 1000 h. These results indicate that the low-temperature sintered MnCo2O4–MnO2 coating is a promising protective material for Fe–Cr ferrite alloys, especially SUS430, which are seriously oxidized at temperatures ≥850 °C.