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IFSC Code of Idfc First Bank Ltd, Bangalore- Basaveshwara Nagar Branch, Bangalore, Karnataka — IDFB0081101

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Idfc First Bank Ltd for its Bangalore- Basaveshwara Nagar Branch branch in Bangalore Urban, Bangalore, Karnataka, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Idfc First Bank Ltd located in Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IDFB0081101. You should definitely 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, Bangalore- Basaveshwara Nagar Branch, Bangalore Urban

The table below shows the main details of the IFSC Code IDFB0081101 for the Idfc First Bank Ltd branch in Bangalore Urban, which falls under the Bangalore district in Karnataka.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0081101
Branch Bangalore- Basaveshwara Nagar Branch
City Bangalore Urban
District Bangalore
State Karnataka
Address Ground Floor, No.28, Bhima Jyothi Lic Colony, Dr Mc Modi Hospital Road, 2Nd Stage, Opp Swami Vivekananda Park, Basaveshwara Nagar, Bangalore- 560079, Toll Free No.- 18004194332

These details help users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Bangalore Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0081101 for the Bangalore- Basaveshwara Nagar Branch branch of Idfc First Bank Ltd has a very 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 Bangalore- Basaveshwara Nagar Branch, Bangalore Urban, Karnataka, is provided a unique IFSC like IDFB0081101 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 Bangalore Urban.
  • 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 Bangalore Urban and Bangalore.
  • 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Bangalore- Basaveshwara Nagar Branch do not get misguided to another person.

Format of the IFSC Code IDFB0081101

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Idfc First Bank Ltd, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bangalore- Basaveshwara Nagar Branch in Bangalore Urban.

For example, the IFSC Code IDFB0081101 of Idfc First Bank Ltd for the Bangalore- Basaveshwara Nagar Branch branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0081101 of Idfc First Bank Ltd for its Bangalore- Basaveshwara Nagar Branch branch located in Bangalore Urban, 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 Bangalore Urban and Bangalore, 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 Bangalore- Basaveshwara Nagar Branch or Bangalore Urban to get the exact IFSC Code IDFB0081101.

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 Bangalore Urban, you'll get the correct details.

How to Use IFSC Code IDFB0081101 for Online Transfers?

Once you have the IFSC Code IDFB0081101 for the Bangalore- Basaveshwara Nagar Branch branch of Idfc First Bank Ltd in Bangalore Urban, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IDFB0081101. 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 IDFB0081101.

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 Bangalore- Basaveshwara Nagar Branch in Bangalore Urban, 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 Bangalore- Basaveshwara Nagar 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 Bangalore Urban manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd Bangalore- Basaveshwara Nagar Branch Bangalore Urban?

The IFSC Code of the Bangalore- Basaveshwara Nagar Branch Bangalore Urban branch is IDFB0081101.

Is IFSC Code IDFB0081101 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 Bangalore- Basaveshwara Nagar Branch branch?

The branch is located at Ground Floor, No.28, Bhima Jyothi Lic Colony, Dr Mc Modi Hospital Road, 2Nd Stage, Opp Swami Vivekananda Park, Basaveshwara Nagar, Bangalore- 560079, 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.

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