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 Karnataka-Devaraja Urs Road Branch branch in Mysuru, Mysuru, Karnataka, 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 Mysuru or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code IDFB0080574. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idfc First Bank Ltd, Karnataka-Devaraja Urs Road Branch, Mysuru
The table below shows the main details of the IFSC Code IDFB0080574 for the Idfc First Bank Ltd branch in Mysuru, which falls under the Mysuru district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0080574 |
| Branch | Karnataka-Devaraja Urs Road Branch |
| City | Mysuru |
| District | Mysuru |
| State | Karnataka |
| Address | Ground And First Floor, 123/C Dewans Road, D Devaraj Urs Rd, Subbarayanakere, Chamrajpura, Mysuru, Karnataka-570001, Toll Free No.- 18602582000 |
These details are essential not only for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Mysuru for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0080574 for the Karnataka-Devaraja Urs Road Branch branch of Idfc First Bank Ltd plays 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 Karnataka-Devaraja Urs Road Branch, Mysuru, Karnataka, are given a unique IFSC like IDFB0080574 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mysuru.
- 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 Mysuru and Mysuru.
- 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 Karnataka-Devaraja Urs Road Branch goes to the correct branch. This is important because Idfc First Bank Ltd has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDFB0080574
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): 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 Karnataka-Devaraja Urs Road Branch in Mysuru.
For example, the IFSC Code IDFB0080574 of Idfc First Bank Ltd for the Karnataka-Devaraja Urs Road Branch branch includes these elements, identifying the bank and the branch location in Mysuru and Karnataka accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
To find the IFSC Code IDFB0080574 of Idfc First Bank Ltd for its Karnataka-Devaraja Urs Road Branch branch located in Mysuru, the following methods can help you out:
Cheque Book
The cheque book issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Mysuru and Mysuru, 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 go to the branch locator section. Then search for Karnataka-Devaraja Urs Road Branch or Mysuru to find the exact IFSC Code IDFB0080574.
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 maintains an updated database of all IFSC codes. Searching for Idfc First Bank Ltd and Mysuru will provide accurate information.
How to Use IFSC Code IDFB0080574 for Online Transfers?
Once you have the IFSC Code IDFB0080574 for the Karnataka-Devaraja Urs Road Branch branch of Idfc First Bank Ltd in Mysuru, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0080574. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 IDFB0080574.
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 Karnataka-Devaraja Urs Road Branch in Mysuru, 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 Karnataka-Devaraja Urs Road Branch, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Mysuru manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0080574.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground And First Floor, 123/C Dewans Road, D Devaraj Urs Rd, Subbarayanakere, Chamrajpura, Mysuru, Karnataka-570001, Toll Free No.- 18602582000 located in Mysuru, Mysuru, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.