Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idfc First Bank Ltd for its Sohsarai Branch branch in Nalanda, Soasarai, or Bihar, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Idfc First Bank Ltd located in Nalanda or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code IDFB0061471. You should definitely 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, Sohsarai Branch, Nalanda
The table below shows the main details of the IFSC Code IDFB0061471 for the Idfc First Bank Ltd branch in Nalanda, which falls under the Soasarai district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0061471 |
| Branch | Sohsarai Branch |
| City | Nalanda |
| District | Soasarai |
| State | Bihar |
| Address | Ground And First Floor, Plot No 840, Khata 525/303, Galla Patti Road, Karunabagh, Biharsharif, Nalanda, Sohsarai, Bihar-803118, 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 Nalanda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0061471 for the Sohsarai 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, including Idfc First Bank Ltd located in Sohsarai Branch, Nalanda, Bihar, is provided with a unique IFSC like IDFB0061471 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 Nalanda.
- 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 Nalanda and Soasarai.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Sohsarai Branch do not get mixed with another location.
Format of the IFSC Code IDFB0061471
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 Sohsarai Branch in Nalanda.
For example, the IFSC Code IDFB0061471 of Idfc First Bank Ltd for the Sohsarai Branch branch includes these elements, identifying the bank and the branch location in Nalanda and Bihar accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
To find the IFSC Code IDFB0061471 of Idfc First Bank Ltd for its Sohsarai Branch branch located in Nalanda, 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 Nalanda and Soasarai, 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 Sohsarai Branch or Nalanda to find the exact IFSC Code IDFB0061471.
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 Nalanda will provide accurate information.
How to Use IFSC Code IDFB0061471 for Online Transfers?
Once you have the IFSC Code IDFB0061471 for the Sohsarai Branch branch of Idfc First Bank Ltd in Nalanda, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0061471. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0061471.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idfc First Bank Ltd Sohsarai Branch in Nalanda, it can 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 Sohsarai 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 Nalanda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0061471.
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, Plot No 840, Khata 525/303, Galla Patti Road, Karunabagh, Biharsharif, Nalanda, Sohsarai, Bihar-803118, Toll Free No- 18602582000 located in Nalanda, Soasarai, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.