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 Mancherial Branch branch in Mancherial, Mancherial, Telangana, 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 Mancherial or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code IDFB0081661. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

The table below shows the main details of the IFSC Code IDFB0081661 for the Idfc First Bank Ltd branch in Mancherial, which falls under the Mancherial district in Telangana.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0081661
Branch Mancherial Branch
City Mancherial
District Mancherial
State Telangana
Address Upper Ground & 2Nd Floor, D.No. 10-86/1, Block-10, Behind Srinivas Talkies, Municipality Road, Mancherial, Telengana- 504208 , 18004194332

These details are crucial, not just for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Mancherial for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0081661 for the Mancherial 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 provided by the Reserve Bank of India. Every bank branch, along with Idfc First Bank Ltd located in Mancherial Branch, Mancherial, Telangana, are given a unique IFSC like IDFB0081661 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Mancherial.
  • 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 Mancherial and Mancherial.
  • 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 Mancherial Branch goes to the correct branch. This is important because Idfc First Bank Ltd has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IDFB0081661

The format of the IFSC Code for banks, including Idfc First Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Idfc First Bank Ltd, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mancherial Branch in Mancherial.

For example, the IFSC Code IDFB0081661 of Idfc First Bank Ltd for the Mancherial Branch branch includes these elements, identifying the bank and the branch location in Mancherial and Telangana accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0081661 of Idfc First Bank Ltd for its Mancherial Branch branch located in Mancherial, 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 Mancherial and Mancherial, 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 Mancherial Branch or Mancherial to get the exact IFSC Code IDFB0081661.

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 Mancherial that will provide accurate information.

How to Use IFSC Code IDFB0081661 for Online Transfers?

Once you have the IFSC Code IDFB0081661 for the Mancherial Branch branch of Idfc First Bank Ltd in Mancherial, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0081661. 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 IDFB0081661.

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 Mancherial Branch in Mancherial, it can 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 Mancherial 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 Mancherial 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 Mancherial Branch Mancherial?

The IFSC Code of the Mancherial Branch Mancherial branch is IDFB0081661.

Is IFSC Code IDFB0081661 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Idfc First Bank Ltd Mancherial Branch branch?

The branch is located at Upper Ground & 2Nd Floor, D.No. 10-86/1, Block-10, Behind Srinivas Talkies, Municipality Road, Mancherial, Telengana- 504208 , 18004194332.

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.