The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Idfc First Bank Ltd for its Pimple Saudagar Branch branch in Pune, Pune, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Idfc First Bank Ltd located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0041374. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Idfc First Bank Ltd, Pimple Saudagar Branch, Pune

Here are the key points that are associated with the IFSC Code IDFB0041374 of Idfc First Bank Ltd for its branch located in Pune, within the district of Pune in the state of Maharashtra.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0041374
Branch Pimple Saudagar Branch
City Pune
District Pune
State Maharashtra
Address Ground Floor,Shop No. 22-J. Jarvari Chs, Jarvari Road, Near Kunjir Circle,Pimple Saudagar, Pune, Maharashtra- 411027, Toll Free No. 18004194332

These details helps users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0041374 for the Pimple Saudagar 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, including Idfc First Bank Ltd located in Pimple Saudagar Branch, Pune, Maharashtra, is provided with a unique IFSC like IDFB0041374 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 Pune.
  • 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 Pune and Pune.
  • 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 Pimple Saudagar Branch do not get mixed with another location.

Format of the IFSC Code IDFB0041374

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 Pimple Saudagar Branch in Pune.

For example, the IFSC Code IDFB0041374 of Idfc First Bank Ltd for the Pimple Saudagar Branch branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are trying to find the IFSC Code IDFB0041374 of Idfc First Bank Ltd for its Pimple Saudagar Branch branch located in Pune, 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 Pune and Pune, 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 Pimple Saudagar Branch or Pune to get the exact IFSC Code IDFB0041374.

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 Pune, you'll get the correct details.

How to Use IFSC Code IDFB0041374 for Online Transfers?

Once you have the IFSC Code IDFB0041374 for the Pimple Saudagar Branch branch of Idfc First Bank Ltd in Pune, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0041374. 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 IDFB0041374.

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 Pimple Saudagar Branch in Pune, it can 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 Pimple Saudagar 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 Pune to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd in Pimple Saudagar Branch, Pune?

The IFSC Code is IDFB0041374.

Is the IFSC Code IDFB0041374 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Idfc First Bank Ltd Pimple Saudagar Branch?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Pimple Saudagar Branch branch?

The address of the branch is Ground Floor,Shop No. 22-J. Jarvari Chs, Jarvari Road, Near Kunjir Circle,Pimple Saudagar, Pune, Maharashtra- 411027, Toll Free No. 18004194332 located in Pune, Pune, 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.

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