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 Cuttack - Cda Branch branch in Cuttack, Cuttack, 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 Cuttack or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code IDFB0060372. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idfc First Bank Ltd, Cuttack - Cda Branch, Cuttack
The table below shows the main details of the IFSC Code IDFB0060372 for the Idfc First Bank Ltd branch in Cuttack, which falls under the Cuttack district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0060372 |
| Branch | Cuttack - Cda Branch |
| City | Cuttack |
| District | Cuttack |
| State | Odisha |
| Address | Ground Floor, Plot No. 2B/110, Cda Sector 9, Bidansi, Market Nagar, Cuttack, Odisha-753014 |
These details are important not only for users using online banking but also for businesses and individuals who use Idfc First Bank Ltd in Cuttack for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDFB0060372 for the Cuttack - Cda Branch branch of Idfc First Bank Ltd is vital.
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 Cuttack - Cda Branch, Cuttack, Odisha, is provided with a unique IFSC like IDFB0060372 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 Cuttack.
- 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 Cuttack and Cuttack.
- 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 Cuttack - Cda Branch do not get mixed with another location.
Format of the IFSC Code IDFB0060372
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 Cuttack - Cda Branch in Cuttack.
For example, the IFSC Code IDFB0060372 of Idfc First Bank Ltd for the Cuttack - Cda Branch branch includes these elements, identifying the bank and the branch location in Cuttack and Odisha accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0060372 of Idfc First Bank Ltd for its Cuttack - Cda Branch branch located in Cuttack, the following methods can help:
Cheque Book
The cheque books that are issued by Idfc First Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Cuttack and Cuttack, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idfc First Bank Ltd and find the branch locator section. Search for Cuttack - Cda Branch or Cuttack to get the exact IFSC Code IDFB0060372.
Mobile Banking App
If you use Idfc First Bank Ltd's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Idfc First Bank Ltd and Cuttack that will provide accurate information.
How to Use IFSC Code IDFB0060372 for Online Transfers?
Once you have the IFSC Code IDFB0060372 for the Cuttack - Cda Branch branch of Idfc First Bank Ltd in Cuttack, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0060372. 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 IDFB0060372.
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 Cuttack - Cda Branch in Cuttack, 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 Cuttack - Cda 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 Cuttack to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0060372.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Plot No. 2B/110, Cda Sector 9, Bidansi, Market Nagar, Cuttack, Odisha-753014 located in Cuttack, Cuttack, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.