The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idfc First Bank Ltd for its Remuna Branch branch in Baleshwar, Remuna, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Idfc First Bank Ltd located in Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code IDFB0060881. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Idfc First Bank Ltd, Remuna Branch, Baleshwar

Here are the main details that are associated with the IFSC Code IDFB0060881 of Idfc First Bank Ltd for its branch located in Baleshwar, within the district of Remuna in the state of Odisha.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0060881
Branch Remuna Branch
City Baleshwar
District Remuna
State Odisha
Address Grd Flr& Frst Flr Plot No-815 & 816, Khata No.-1322/1663.Mouza-Ganeswarpur, P.S.Renmuna,Dist.Balasore, Orissa-756019, Toll Free No. 18004194332

These details helps users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Baleshwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0060881 for the Remuna Branch branch of Idfc First Bank Ltd plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idfc First Bank Ltd located in Remuna Branch, Baleshwar, Odisha, is provided with a unique IFSC like IDFB0060881 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Idfc First Bank Ltd branch in Baleshwar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Baleshwar and Remuna.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Odisha and the rest of India and the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Remuna Branch do not get mixed with another location.

Format of the IFSC Code IDFB0060881

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Idfc First Bank Ltd, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Remuna Branch in Baleshwar.

For example, the IFSC Code IDFB0060881 of Idfc First Bank Ltd for the Remuna Branch branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0060881 of Idfc First Bank Ltd for its Remuna Branch branch located in Baleshwar, the following methods can help:

Cheque Book

The cheque book issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Idfc First Bank Ltd branches in Baleshwar and Remuna, print them on the first page of your passbook.

Bank Website

Visit the official website of Idfc First Bank Ltd and navigate to the branch locator section. Search for Remuna Branch or Baleshwar to get the exact IFSC Code IDFB0060881.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Idfc First Bank Ltd and Baleshwar, you'll get the correct details.

How to Use IFSC Code IDFB0060881 for Online Transfers?

Once you have the IFSC Code IDFB0060881 for the Remuna Branch branch of Idfc First Bank Ltd in Baleshwar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0060881. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹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 IDFB0060881.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idfc First Bank Ltd Remuna Branch in Baleshwar may result in delayed or failed transactions.

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 Remuna 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 Baleshwar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd Remuna Branch Baleshwar?

The IFSC Code of the Remuna Branch Baleshwar branch is IDFB0060881.

Is IFSC Code IDFB0060881 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 Remuna Branch branch?

The branch is located at Grd Flr& Frst Flr Plot No-815 & 816, Khata No.-1322/1663.Mouza-Ganeswarpur, P.S.Renmuna,Dist.Balasore, Orissa-756019, Toll Free No. 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.