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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Idfc First Bank Ltd for its Nashiik-Pimpalgaon Baswant Branch branch in Nasik, Nasik, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Idfc First Bank Ltd located in Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0042286. 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, Nashiik-Pimpalgaon Baswant Branch, Nasik

Here are the main details that are associated with the IFSC Code IDFB0042286 of Idfc First Bank Ltd for its branch located in Nasik, within the district of Nasik in the state of Maharashtra.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0042286
Branch Nashiik-Pimpalgaon Baswant Branch
City Nasik
District Nasik
State Maharashtra
Address Ground Floor, Plot No. 123, G-8, G-10, G-11 Business Square, Pimpalgaon Basvant, Mumbai-Agra Road, Tal. Niphad, Nashik, Maharashtra- 422209, 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 Nasik for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0042286 for the Nashiik-Pimpalgaon Baswant 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 Nashiik-Pimpalgaon Baswant Branch, Nasik, Maharashtra, is provided with a unique IFSC like IDFB0042286 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 Nasik.
  • 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 Nasik and Nasik.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Nashiik-Pimpalgaon Baswant Branch do not get mixed with another location.

Format of the IFSC Code IDFB0042286

The format of the IFSC Code for banks, including Idfc First Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Idfc First Bank Ltd, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nashiik-Pimpalgaon Baswant Branch in Nasik.

For example, the IFSC Code IDFB0042286 of Idfc First Bank Ltd for the Nashiik-Pimpalgaon Baswant Branch branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0042286 of Idfc First Bank Ltd for its Nashiik-Pimpalgaon Baswant Branch branch located in Nasik, 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

You can easily find the IFSC and MICR codes because most banks, including Idfc First Bank Ltd branches in Nasik and Nasik, print them 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 Nashiik-Pimpalgaon Baswant Branch or Nasik to get the exact IFSC Code IDFB0042286.

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 Nasik, you'll get the correct details.

How to Use IFSC Code IDFB0042286 for Online Transfers?

Once you have the IFSC Code IDFB0042286 for the Nashiik-Pimpalgaon Baswant Branch branch of Idfc First Bank Ltd in Nasik, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0042286. 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 IDFB0042286.

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 Nashiik-Pimpalgaon Baswant Branch in Nasik, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idfc First Bank Ltd in Nashiik-Pimpalgaon Baswant Branch, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Nasik manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd in Nashiik-Pimpalgaon Baswant Branch, Nasik?

The IFSC Code is IDFB0042286.

Is the IFSC Code IDFB0042286 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Idfc First Bank Ltd Nashiik-Pimpalgaon Baswant Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Nashiik-Pimpalgaon Baswant Branch branch?

The address of the branch is Ground Floor, Plot No. 123, G-8, G-10, G-11 Business Square, Pimpalgaon Basvant, Mumbai-Agra Road, Tal. Niphad, Nashik, Maharashtra- 422209, Toll Free No. -18602582000 located in Nasik, Nasik, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.