For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idfc First Bank Ltd for its Silvassa Branch branch in Dadra Nagar Haveli, Silvassa, Dadra And Nagar Haveli, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Idfc First Bank Ltd located in Dadra Nagar Haveli or anywhere in Dadra And Nagar Haveli can transfer funds instantly by using the correct IFSC Code IDFB0043911. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idfc First Bank Ltd, Silvassa Branch, Dadra Nagar Haveli

Below in the table are the key details related to IFSC Code IDFB0043911 of Idfc First Bank Ltd for its branch located in Dadra Nagar Haveli, within the district of Silvassa in the state of Dadra And Nagar Haveli.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0043911
Branch Silvassa Branch
City Dadra Nagar Haveli
District Silvassa
State Dadra And Nagar Haveli
Address Ground Floor, Shop No. 10, 11, 16 & 17 Roshan Avenue-A, Union Territory Of Dadra And Nagar Haveli, Silvassa - 396230

These details are important not only for users using online banking but also for businesses and individuals who use Idfc First Bank Ltd in Dadra Nagar Haveli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDFB0043911 for the Silvassa 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 that is provided by the Reserve Bank of India. A unique IFSC like IDFB0043911 is given to every bank branch, including Idfc First Bank Ltd located in Silvassa Branch, Dadra Nagar Haveli, Dadra And Nagar Haveli, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Idfc First Bank Ltd branch in Dadra Nagar Haveli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Dadra Nagar Haveli and Silvassa.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Dadra And Nagar Haveli and the rest of India, which is why the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Silvassa Branch doesn't end up at another location.

Format of the IFSC Code IDFB0043911

The format of the IFSC Code for banks, including Idfc First Bank Ltd, has 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 Silvassa Branch in Dadra Nagar Haveli.

For example, the IFSC Code IDFB0043911 of Idfc First Bank Ltd for the Silvassa Branch branch includes these elements, identifying the bank and the branch location in Dadra Nagar Haveli and Dadra And Nagar Haveli correctly.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0043911 of Idfc First Bank Ltd for its Silvassa Branch branch located in Dadra Nagar Haveli, 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 Dadra Nagar Haveli and Silvassa, 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 Silvassa Branch or Dadra Nagar Haveli to get the exact IFSC Code IDFB0043911.

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 Dadra Nagar Haveli, you'll get the correct details.

How to Use IFSC Code IDFB0043911 for Online Transfers?

Once you have the IFSC Code IDFB0043911 for the Silvassa Branch branch of Idfc First Bank Ltd in Dadra Nagar Haveli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0043911. 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 IDFB0043911.

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 Silvassa Branch in Dadra Nagar Haveli 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 Silvassa 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 Dadra Nagar Haveli 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 Silvassa Branch, Dadra Nagar Haveli?

The IFSC Code is IDFB0043911.

Is the IFSC Code IDFB0043911 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Silvassa Branch branch?

The address of the branch is Ground Floor, Shop No. 10, 11, 16 & 17 Roshan Avenue-A, Union Territory Of Dadra And Nagar Haveli, Silvassa - 396230 located in Dadra Nagar Haveli, Silvassa, Dadra And Nagar Haveli.

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.