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 Nagpur - Amravati Road Branch branch in Nagpur, Nagpur, Maharashtra, 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 Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0042506. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idfc First Bank Ltd, Nagpur - Amravati Road Branch, Nagpur
Here are some of the key details that come with the IFSC Code IDFB0042506 of Idfc First Bank Ltd for its branch located in Nagpur, within the district of Nagpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0042506 |
| Branch | Nagpur - Amravati Road Branch |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| Address | Ground Floor, Jagat Millennium, Shop No.3 & Shop No.4, Plot No. 137/1, Gadga Gorepeth, Amravati Road, Nagpur, Maharashtra- 440001 Customer Care Number -18002582000 |
These details helps users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Nagpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0042506 for the Nagpur - Amravati Road 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 provided by the Reserve Bank of India. Every bank branch, along with Idfc First Bank Ltd located in Nagpur - Amravati Road Branch, Nagpur, Maharashtra, are allotted a unique IFSC like IDFB0042506 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nagpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nagpur and Nagpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idfc First Bank Ltd in Nagpur - Amravati Road Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code IDFB0042506
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 Nagpur - Amravati Road Branch in Nagpur.
For example, the IFSC Code IDFB0042506 of Idfc First Bank Ltd for the Nagpur - Amravati Road Branch branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are looking for the IFSC Code IDFB0042506 of Idfc First Bank Ltd for its Nagpur - Amravati Road Branch branch located in Nagpur, the following methods can help:
Cheque Book
The cheque book that is issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Idfc First Bank Ltd branches in Nagpur and Nagpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Idfc First Bank Ltd and look for the branch locator section, then search for Nagpur - Amravati Road Branch or Nagpur to get the exact IFSC Code IDFB0042506.
Mobile Banking App
If you use Idfc First Bank Ltd's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idfc First Bank Ltd and Nagpur, then it will provide you proper information.
How to Use IFSC Code IDFB0042506 for Online Transfers?
Once you have the IFSC Code IDFB0042506 for the Nagpur - Amravati Road Branch branch of Idfc First Bank Ltd in Nagpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0042506. 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 IDFB0042506.
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 Nagpur - Amravati Road Branch in Nagpur, 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 Nagpur - Amravati 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 Nagpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0042506.
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 Floor, Jagat Millennium, Shop No.3 & Shop No.4, Plot No. 137/1, Gadga Gorepeth, Amravati Road, Nagpur, Maharashtra- 440001 Customer Care Number -18002582000 located in Nagpur, Nagpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.