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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idfc First Bank Ltd for its Seepat Road Branch branch in Bilaspur, Seepat Road, or Chhattisgarh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Idfc First Bank Ltd located in Bilaspur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code IDFB0060902. 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, Seepat Road Branch, Bilaspur

Here are the key points that are associated with the IFSC Code IDFB0060902 of Idfc First Bank Ltd for its branch located in Bilaspur, within the district of Seepat Road in the state of Chhattisgarh.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0060902
Branch Seepat Road Branch
City Bilaspur
District Seepat Road
State Chhattisgarh
Address Ground And Mezzannine Floor,Ward No42,Dr. Shyama Prasad Mukerjee Nagar,Sarkanda Thana,Seepat Road, Dist.Bilaspur,Bilaspur,Chhatisgarh-495006, Toll Free No.-18004194332

These details help users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Bilaspur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0060902 for the Seepat Road 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Idfc First Bank Ltd located in Seepat Road Branch, Bilaspur, Chhattisgarh, are given a unique IFSC like IDFB0060902 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bilaspur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Bilaspur and Seepat Road.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Idfc First Bank Ltd in Seepat Road Branch goes to the correct branch. This is important because Idfc First Bank Ltd has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDFB0060902

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): These represent the bank code. In Idfc First Bank Ltd, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Seepat Road Branch in Bilaspur.

For example, the IFSC Code IDFB0060902 of Idfc First Bank Ltd for the Seepat Road Branch branch has these elements, identifying the bank and the branch location in Bilaspur and Chhattisgarh correctly.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are looking for the IFSC Code IDFB0060902 of Idfc First Bank Ltd for its Seepat Road Branch branch located in Bilaspur, 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 Bilaspur and Seepat Road, 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 Seepat Road Branch or Bilaspur to get the exact IFSC Code IDFB0060902.

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 Bilaspur, then it will provide you proper information.

How to Use IFSC Code IDFB0060902 for Online Transfers?

Once you have the IFSC Code IDFB0060902 for the Seepat Road Branch branch of Idfc First Bank Ltd in Bilaspur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0060902. 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 IDFB0060902.

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 Seepat Road Branch in Bilaspur 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 Seepat Road Branch, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Bilaspur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd in Seepat Road Branch, Bilaspur?

The IFSC Code is IDFB0060902.

Is the IFSC Code IDFB0060902 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Idfc First Bank Ltd Seepat Road Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Seepat Road Branch branch?

The address of the branch is Ground And Mezzannine Floor,Ward No42,Dr. Shyama Prasad Mukerjee Nagar,Sarkanda Thana,Seepat Road, Dist.Bilaspur,Bilaspur,Chhatisgarh-495006, Toll Free No.-18004194332 located in Bilaspur, Seepat Road, Chhattisgarh.

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.