IFSC Code of Idfc First Bank Ltd, Bhubaneshwar-Baramunda Branch, Bhubaneshwar, Odisha — IDFB0060245

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 Bhubaneshwar-Baramunda Branch branch in Khordha Khurda, Bhubaneshwar, 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 Khordha Khurda or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDFB0060245. 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, Bhubaneshwar-Baramunda Branch, Khordha Khurda

Below in the table are the key details related to IFSC Code IDFB0060245 of Idfc First Bank Ltd for its branch located in Khordha Khurda, within the district of Bhubaneshwar in the state of Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Khordha Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0060245 for the Bhubaneshwar-Baramunda Branch branch of Idfc First Bank Ltd has an important role.

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 IDFB0060245 is given to every bank branch, including Idfc First Bank Ltd located in Bhubaneshwar-Baramunda Branch, Khordha Khurda, Odisha, 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 Khordha Khurda.
• 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 Khordha Khurda and Bhubaneshwar.
• 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Bhubaneshwar-Baramunda Branch doesn't end up at another location.

Format of the IFSC Code IDFB0060245

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): These represent the bank code. In Idfc First Bank Ltd, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bhubaneshwar-Baramunda Branch in Khordha Khurda.

For example, the IFSC Code IDFB0060245 of Idfc First Bank Ltd for the Bhubaneshwar-Baramunda Branch branch has these elements, identifying the bank and the branch location in Khordha Khurda and Odisha correctly.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0060245 of Idfc First Bank Ltd for its Bhubaneshwar-Baramunda Branch branch located in Khordha Khurda, 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 Khordha Khurda and Bhubaneshwar, 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 Bhubaneshwar-Baramunda Branch or Khordha Khurda to get the exact IFSC Code IDFB0060245.

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 Khordha Khurda that will provide accurate information.

How to Use IFSC Code IDFB0060245 for Online Transfers?

If you have the IFSC Code IDFB0060245 for the Bhubaneshwar-Baramunda Branch branch of Idfc First Bank Ltd in Khordha Khurda, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0060245. 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 IDFB0060245.

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 Bhubaneshwar-Baramunda Branch in Khordha Khurda, it may 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 Bhubaneshwar-Baramunda 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 Khordha Khurda manage online transfers as well as cheque clearances with ease.