There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idfc First Bank Ltd for its Rasulgarh Branch branch in Khorda, Rasulgarh, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Idfc First Bank Ltd situated in Khorda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDFB0061371. You should 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, Rasulgarh Branch, Khorda
Here are the main details that are associated with the IFSC Code IDFB0061371 of Idfc First Bank Ltd for its branch located in Khorda, within the district of Rasulgarh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0061371 |
| Branch | Rasulgarh Branch |
| City | Khorda |
| District | Rasulgarh |
| State | Odisha |
| Address | Ground Floor, Plot No.A/91, Unit No.11, Saheed Nagar, Dist. Khorda, Bhuvaneshwar -751007, Toll Free No.- 18002582000 |
These details helps users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Khorda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0061371 for the Rasulgarh Branch branch of Idfc First Bank Ltd plays a vital 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 Rasulgarh Branch, Khorda, Odisha, are given a unique IFSC like IDFB0061371 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Khorda.
- 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 Khorda and Rasulgarh.
- 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 Rasulgarh Branch goes to the correct branch. This is important because Idfc First Bank Ltd has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDFB0061371
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 Rasulgarh Branch in Khorda.
For example, the IFSC Code IDFB0061371 of Idfc First Bank Ltd for the Rasulgarh Branch branch includes these elements, identifying the bank and the branch location in Khorda and Odisha accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
To find the IFSC Code IDFB0061371 of Idfc First Bank Ltd for its Rasulgarh Branch branch located in Khorda, the following methods can help you out:
Cheque Book
The cheque book issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Khorda and Rasulgarh, 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 go to the branch locator section. Then search for Rasulgarh Branch or Khorda to find the exact IFSC Code IDFB0061371.
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 maintains an updated database of all IFSC codes. Searching for Idfc First Bank Ltd and Khorda will provide accurate information.
How to Use IFSC Code IDFB0061371 for Online Transfers?
Once you have the IFSC Code IDFB0061371 for the Rasulgarh Branch branch of Idfc First Bank Ltd in Khorda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0061371. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0061371.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idfc First Bank Ltd Rasulgarh Branch in Khorda, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idfc First Bank Ltd in Rasulgarh Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Idfc First Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Khorda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0061371.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Plot No.A/91, Unit No.11, Saheed Nagar, Dist. Khorda, Bhuvaneshwar -751007, Toll Free No.- 18002582000 located in Khorda, Rasulgarh, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.