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 New Delhi - Yamuna Vihar Branch branch in East Delhi, New Delhi, or Delhi, 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 East Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDFB0020258. 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, New Delhi - Yamuna Vihar Branch, East Delhi
The table below shows the main details of the IFSC Code IDFB0020258 for the Idfc First Bank Ltd branch in East Delhi, which falls under the New Delhi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0020258 |
| Branch | New Delhi - Yamuna Vihar Branch |
| City | East Delhi |
| District | New Delhi |
| State | Delhi |
| Address | Ground Floor, C-3/57A, Service Lane, Yamuna Vihar, New Delhi - 110053, Toll Free No.-18602582000 |
These details help users in online banking and for businesses and individuals who use Idfc First Bank Ltd in East Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0020258 for the New Delhi - Yamuna Vihar 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, including Idfc First Bank Ltd located in New Delhi - Yamuna Vihar Branch, East Delhi, Delhi, is provided with a unique IFSC like IDFB0020258 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 East Delhi.
- 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 East Delhi and New Delhi.
- 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 Delhi and the rest of India and the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in New Delhi - Yamuna Vihar Branch do not get mixed with another location.
Format of the IFSC Code IDFB0020258
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 New Delhi - Yamuna Vihar Branch in East Delhi.
For example, the IFSC Code IDFB0020258 of Idfc First Bank Ltd for the New Delhi - Yamuna Vihar Branch branch includes these elements, identifying the bank and the branch location in East Delhi and Delhi accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are looking for the IFSC Code IDFB0020258 of Idfc First Bank Ltd for its New Delhi - Yamuna Vihar Branch branch located in East Delhi, 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 East Delhi and New Delhi, 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 New Delhi - Yamuna Vihar Branch or East Delhi to get the exact IFSC Code IDFB0020258.
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 East Delhi, then it will provide you proper information.
How to Use IFSC Code IDFB0020258 for Online Transfers?
Once you have the IFSC Code IDFB0020258 for the New Delhi - Yamuna Vihar Branch branch of Idfc First Bank Ltd in East Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0020258. 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 IDFB0020258.
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 New Delhi - Yamuna Vihar Branch in East Delhi 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 New Delhi - Yamuna Vihar 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 East Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the New Delhi - Yamuna Vihar Branch East Delhi branch is IDFB0020258.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, C-3/57A, Service Lane, Yamuna Vihar, New Delhi - 110053, Toll Free No.-18602582000.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.