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 Durg Branch branch in Durg, Durg, Chhattisgarh, 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 Durg or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code IDFB0060564. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Idfc First Bank Ltd, Durg Branch, Durg

Here are the key points that are associated with the IFSC Code IDFB0060564 of Idfc First Bank Ltd for its branch located in Durg, within the district of Durg in the state of Chhattisgarh.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0060564
Branch Durg Branch
City Durg
District Durg
State Chhattisgarh
Address Ground Floor, Khasra No.1167/53, Near Sindhu Bhavan, Road, Durg, Chhattisgarh - 491001 Tollfree Number 18002582000

These details are essential not only for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Durg for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0060564 for the Durg Branch branch of Idfc First Bank Ltd plays an 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 Durg Branch, Durg, Chhattisgarh, are given a unique IFSC like IDFB0060564 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Durg.
  • 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 Durg and Durg.
  • 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 Durg 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 IDFB0060564

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 Durg Branch in Durg.

For example, the IFSC Code IDFB0060564 of Idfc First Bank Ltd for the Durg Branch branch includes these elements, identifying the bank and the branch location in Durg and Chhattisgarh accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0060564 of Idfc First Bank Ltd for its Durg Branch branch located in Durg, 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

Most banks, including Idfc First Bank Ltd branches in Durg and Durg, print the IFSC and MICR codes 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 Durg Branch or Durg to get the exact IFSC Code IDFB0060564.

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 Durg, you'll get the correct details.

How to Use IFSC Code IDFB0060564 for Online Transfers?

If you have the IFSC Code IDFB0060564 for the Durg Branch branch of Idfc First Bank Ltd in Durg, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0060564. Transfers are processed in batches. 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. Asks for the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0060564.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idfc First Bank Ltd Durg Branch in Durg, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idfc First Bank Ltd in Durg Branch, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Durg manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd in Durg Branch, Durg?

The IFSC Code is IDFB0060564.

Is the IFSC Code IDFB0060564 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Durg Branch branch?

The address of the branch is Ground Floor, Khasra No.1167/53, Near Sindhu Bhavan, Road, Durg, Chhattisgarh - 491001 Tollfree Number 18002582000 located in Durg, Durg, 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.