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 Mumbai - Vidya Vihar West Branch branch in Mumbai Suburban, Mumbai, Maharashtra, 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 Mumbai Suburban or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code IDFB0040506. 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, Mumbai - Vidya Vihar West Branch, Mumbai Suburban
The table below shows the main details of the IFSC Code IDFB0040506 for the Idfc First Bank Ltd branch in Mumbai Suburban, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0040506 |
| Branch | Mumbai - Vidya Vihar West Branch |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground And Upper Basement, Unit No.9, Neelkanth Corporate It Park, Sterlite Compound, Kirol Village, Vidyavihar(West), Mumbai - 400086, Toll Free No. -18602582000. |
These details helps users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Mumbai Suburban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0040506 for the Mumbai - Vidya Vihar West 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 that is provided by the Reserve Bank of India. A unique IFSC like IDFB0040506 is given to every bank branch, including Idfc First Bank Ltd located in Mumbai - Vidya Vihar West Branch, Mumbai Suburban, Maharashtra, 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 Mumbai Suburban.
- 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 Mumbai Suburban and Mumbai.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Mumbai - Vidya Vihar West Branch doesn't end up at another location.
Format of the IFSC Code IDFB0040506
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 Mumbai - Vidya Vihar West Branch in Mumbai Suburban.
For example, the IFSC Code IDFB0040506 of Idfc First Bank Ltd for the Mumbai - Vidya Vihar West Branch branch has these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra correctly.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0040506 of Idfc First Bank Ltd for its Mumbai - Vidya Vihar West Branch branch located in Mumbai Suburban, 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
Most banks, including Idfc First Bank Ltd branches in Mumbai Suburban and Mumbai, print the IFSC and MICR codes 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 Mumbai - Vidya Vihar West Branch or Mumbai Suburban to get the exact IFSC Code IDFB0040506.
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 Mumbai Suburban, you'll get the correct details.
How to Use IFSC Code IDFB0040506 for Online Transfers?
Once you have the IFSC Code IDFB0040506 for the Mumbai - Vidya Vihar West Branch branch of Idfc First Bank Ltd in Mumbai Suburban, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0040506. Transfers are processed in batches. This is 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. Requires the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0040506.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idfc First Bank Ltd Mumbai - Vidya Vihar West Branch in Mumbai Suburban 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 Mumbai - Vidya Vihar West 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 Mumbai Suburban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mumbai - Vidya Vihar West Branch Mumbai Suburban branch is IDFB0040506.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground And Upper Basement, Unit No.9, Neelkanth Corporate It Park, Sterlite Compound, Kirol Village, Vidyavihar(West), Mumbai - 400086, Toll Free No. -18602582000..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.