There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idfc First Bank Ltd for its Chandkheda Branch branch in Ahmedabad, Chandkheda, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Idfc First Bank Ltd situated in Ahmedabad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code IDFB0040308. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idfc First Bank Ltd, Chandkheda Branch, Ahmedabad

Below in the table are the key details related to IFSC Code IDFB0040308 of Idfc First Bank Ltd for its branch located in Ahmedabad, within the district of Chandkheda in the state of Gujarat.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0040308
Branch Chandkheda Branch
City Ahmedabad
District Chandkheda
State Gujarat
Address Gr Floor, Shop No.3, Tryksha Desire, Near Kirtidham Derasar, Chandkheda, Ahmedabad 382424, Toll Free Number 18004194332

These details are essential not only for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Ahmedabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0040308 for the Chandkheda Branch branch of Idfc First Bank Ltd plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idfc First Bank Ltd located in Chandkheda Branch, Ahmedabad, Gujarat, is provided a unique IFSC like IDFB0040308 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Idfc First Bank Ltd branch in Ahmedabad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ahmedabad and Chandkheda.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Chandkheda Branch do not get misguided to another person.

Format of the IFSC Code IDFB0040308

The format of the IFSC Code for banks, including Idfc First Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Idfc First Bank Ltd, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chandkheda Branch in Ahmedabad.

For example, the IFSC Code IDFB0040308 of Idfc First Bank Ltd for the Chandkheda Branch branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are looking for the IFSC Code IDFB0040308 of Idfc First Bank Ltd for its Chandkheda Branch branch located in Ahmedabad, the following methods can help:

Cheque Book

The cheque book that is issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Idfc First Bank Ltd branches in Ahmedabad and Chandkheda, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Idfc First Bank Ltd and look for the branch locator section, then search for Chandkheda Branch or Ahmedabad to get the exact IFSC Code IDFB0040308.

Mobile Banking App

If you use Idfc First Bank Ltd's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idfc First Bank Ltd and Ahmedabad, then it will provide you proper information.

How to Use IFSC Code IDFB0040308 for Online Transfers?

Once you have the IFSC Code IDFB0040308 for the Chandkheda Branch branch of Idfc First Bank Ltd in Ahmedabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDFB0040308. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0040308.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idfc First Bank Ltd Chandkheda Branch in Ahmedabad, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Idfc First Bank Ltd in Chandkheda Branch, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Idfc First Bank Ltd website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Ahmedabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd Chandkheda Branch Ahmedabad?

The IFSC Code of the Chandkheda Branch Ahmedabad branch is IDFB0040308.

Is IFSC Code IDFB0040308 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idfc First Bank Ltd Chandkheda Branch branch?

The branch is located at Gr Floor, Shop No.3, Tryksha Desire, Near Kirtidham Derasar, Chandkheda, Ahmedabad 382424, Toll Free Number 18004194332.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.