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 Rohini Branch branch in North-West Delhi, Delhi, Delhi, 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 North-West Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code IDFB0020127. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idfc First Bank Ltd, Rohini Branch, North-West Delhi
Here are the main details that are associated with the IFSC Code IDFB0020127 of Idfc First Bank Ltd for its branch located in North-West Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0020127 |
| Branch | Rohini Branch |
| City | North-West Delhi |
| District | Delhi |
| State | Delhi |
| Address | Ground Floor, F-26/16, Sector 7, Rohini, New Delhi - 110085 |
These details are important not only for users using online banking but also for businesses and individuals who use Idfc First Bank Ltd in North-West Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDFB0020127 for the Rohini Branch branch of Idfc First Bank Ltd is vital.
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 Rohini Branch, North-West Delhi, Delhi, is provided with a unique IFSC like IDFB0020127 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 North-West Delhi.
- 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 North-West Delhi and Delhi.
- 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 Delhi and the rest of India and the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Rohini Branch do not get mixed with another location.
Format of the IFSC Code IDFB0020127
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 Rohini Branch in North-West Delhi.
For example, the IFSC Code IDFB0020127 of Idfc First Bank Ltd for the Rohini Branch branch includes these elements, identifying the bank and the branch location in North-West Delhi and Delhi accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are looking for the IFSC Code IDFB0020127 of Idfc First Bank Ltd for its Rohini Branch branch located in North-West Delhi, 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 North-West Delhi and Delhi, 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 Rohini Branch or North-West Delhi to get the exact IFSC Code IDFB0020127.
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 North-West Delhi, then it will provide you proper information.
How to Use IFSC Code IDFB0020127 for Online Transfers?
Once you have the IFSC Code IDFB0020127 for the Rohini Branch branch of Idfc First Bank Ltd in North-West Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0020127. 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 IDFB0020127.
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 Rohini Branch in North-West Delhi, 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 Rohini 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 North-West Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0020127.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, F-26/16, Sector 7, Rohini, New Delhi - 110085 located in North-West Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.