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 Baripada Branch branch in Mayurbhanj, Baripada, 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 Mayurbhanj or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IDFB0061111. 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, Baripada Branch, Mayurbhanj
Here are some of the key details that come with the IFSC Code IDFB0061111 of Idfc First Bank Ltd for its branch located in Mayurbhanj, within the district of Baripada in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0061111 |
| Branch | Baripada Branch |
| City | Mayurbhanj |
| District | Baripada |
| State | Odisha |
| Address | Ground Floor,Plotno.475/2120 Mouza-Baripada Town, Ward No.7,Deulasahi,P.S.Baripada,P.S.No.97,Tahasil Baripada,Dist.Mayurabhanj,Khata No.222/1084,Kissam-Gharabari,Odisha-757001,Toll Free No-18004194332 |
These details help users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Mayurbhanj for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0061111 for the Baripada 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 Baripada Branch, Mayurbhanj, Odisha, is provided with a unique IFSC like IDFB0061111 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 Mayurbhanj.
- 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 Mayurbhanj and Baripada.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Baripada Branch do not get mixed with another location.
Format of the IFSC Code IDFB0061111
The format of the IFSC Code for banks, including Idfc First Bank Ltd, has 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 Baripada Branch in Mayurbhanj.
For example, the IFSC Code IDFB0061111 of Idfc First Bank Ltd for the Baripada Branch branch includes these elements, identifying the bank and the branch location in Mayurbhanj and Odisha correctly.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0061111 of Idfc First Bank Ltd for its Baripada Branch branch located in Mayurbhanj, 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
You can easily find the IFSC and MICR codes because most banks, including Idfc First Bank Ltd branches in Mayurbhanj and Baripada, print them 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 Baripada Branch or Mayurbhanj to get the exact IFSC Code IDFB0061111.
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 Mayurbhanj, you'll get the correct details.
How to Use IFSC Code IDFB0061111 for Online Transfers?
Once you have the IFSC Code IDFB0061111 for the Baripada Branch branch of Idfc First Bank Ltd in Mayurbhanj, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0061111. The transfer is completed in batches instead of instantly. It is useful for both 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 IDFB0061111.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idfc First Bank Ltd Baripada Branch in Mayurbhanj, your payment can get delayed or might not go through at all.
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 Baripada 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 Mayurbhanj to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0061111.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Plotno.475/2120 Mouza-Baripada Town, Ward No.7,Deulasahi,P.S.Baripada,P.S.No.97,Tahasil Baripada,Dist.Mayurabhanj,Khata No.222/1084,Kissam-Gharabari,Odisha-757001,Toll Free No-18004194332 located in Mayurbhanj, Baripada, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.