The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idfc First Bank Ltd for its Mumbai - Zaveri Bazar Branch branch in Mumbai, Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Idfc First Bank Ltd located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0040191. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idfc First Bank Ltd, Mumbai - Zaveri Bazar Branch, Mumbai
Here are the key points that are associated with the IFSC Code IDFB0040191 of Idfc First Bank Ltd for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0040191 |
| Branch | Mumbai - Zaveri Bazar Branch |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground Floor, C-150&151/227-229, Shaikh Memon Street, Zaveri Bazar, Mumbai -400002, Tollfree No. - 18004194332 |
These details help users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0040191 for the Mumbai - Zaveri Bazar 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, along with Idfc First Bank Ltd located in Mumbai - Zaveri Bazar Branch, Mumbai, Maharashtra, are given a unique IFSC like IDFB0040191 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Mumbai - Zaveri Bazar Branch goes to the correct branch. This is important because Idfc First Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDFB0040191
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 Mumbai - Zaveri Bazar Branch in Mumbai.
For example, the IFSC Code IDFB0040191 of Idfc First Bank Ltd for the Mumbai - Zaveri Bazar Branch branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0040191 of Idfc First Bank Ltd for its Mumbai - Zaveri Bazar Branch branch located in Mumbai, 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 Mumbai and Mumbai, 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 Mumbai - Zaveri Bazar Branch or Mumbai to get the exact IFSC Code IDFB0040191.
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 Mumbai that will provide accurate information.
How to Use IFSC Code IDFB0040191 for Online Transfers?
If you have the IFSC Code IDFB0040191 for the Mumbai - Zaveri Bazar Branch branch of Idfc First Bank Ltd in Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0040191. 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 IDFB0040191.
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 Mumbai - Zaveri Bazar Branch in Mumbai, it 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 Mumbai - Zaveri Bazar 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0040191.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, C-150&151/227-229, Shaikh Memon Street, Zaveri Bazar, Mumbai -400002, Tollfree No. - 18004194332 located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.