There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idfc First Bank Ltd for its Patna Exhibition Road Branch branch in Patna, Patna, Bihar, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Idfc First Bank Ltd situated in Patna or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code IDFB0060283. You should 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, Patna Exhibition Road Branch, Patna
Here are the main details that are associated with the IFSC Code IDFB0060283 of Idfc First Bank Ltd for its branch located in Patna, within the district of Patna in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0060283 |
| Branch | Patna Exhibition Road Branch |
| City | Patna |
| District | Patna |
| State | Bihar |
| Address | Ground Floor, Sahi Building, Mohalla Exhibition Road, Gandhi Maidan, Patna- 800001, Toll Free No.- 18004194332 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Patna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0060283 for the Patna Exhibition Road Branch branch of Idfc First Bank Ltd has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idfc First Bank Ltd located in Patna Exhibition Road Branch, Patna, Bihar, is provided a unique IFSC like IDFB0060283 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idfc First Bank Ltd branch in Patna.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Patna and Patna.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Patna Exhibition Road Branch do not get misguided to another person.
Format of the IFSC Code IDFB0060283
This is the format of the IFSC Code for banks, including Idfc First Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Idfc First Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Patna Exhibition Road Branch in Patna.
For example, the IFSC Code IDFB0060283 of Idfc First Bank Ltd for the Patna Exhibition Road Branch branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are looking for the IFSC Code IDFB0060283 of Idfc First Bank Ltd for its Patna Exhibition Road Branch branch located in Patna, 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 Patna and Patna, 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 Patna Exhibition Road Branch or Patna to get the exact IFSC Code IDFB0060283.
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 Patna, then it will provide you proper information.
How to Use IFSC Code IDFB0060283 for Online Transfers?
If you have the IFSC Code IDFB0060283 for the Patna Exhibition Road Branch branch of Idfc First Bank Ltd in Patna, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0060283. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0060283.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idfc First Bank Ltd Patna Exhibition Road Branch in Patna, it may result in delayed or failed transactions.
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 Patna Exhibition Road Branch, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Patna to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0060283.
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, Sahi Building, Mohalla Exhibition Road, Gandhi Maidan, Patna- 800001, Toll Free No.- 18004194332 located in Patna, Patna, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.