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 E Toll And Transit branch in Raigad, Navi Mumbai, or Maharashtra, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0010229. 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, E Toll And Transit, Raigad
Here are some of the key details that come with the IFSC Code IDFB0010229 of Idfc First Bank Ltd for its branch located in Raigad, within the district of Navi Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0010229 |
| Branch | E Toll And Transit |
| City | Raigad |
| District | Navi Mumbai |
| State | Maharashtra |
| Address | Credit Card& Allied Services Division 04Th Floor,Unit No.402,Plot No Gen/2/1/F,Mindspace Tower,Ttc Industrial Area,Midc Shirwane,Juinagar,Navi Mumbai,Raigad,Maharashtra-400706.Tollfree No. 18004194332 |
These details are essential not only for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Raigad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0010229 for the E Toll And Transit 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 E Toll And Transit, Raigad, Maharashtra, is provided with a unique IFSC like IDFB0010229 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 Raigad.
- 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 Raigad and Navi Mumbai.
- 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 E Toll And Transit do not get mixed with another location.
Format of the IFSC Code IDFB0010229
The format of the IFSC Code for banks, including Idfc First Bank Ltd, has 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 E Toll And Transit in Raigad.
For example, the IFSC Code IDFB0010229 of Idfc First Bank Ltd for the E Toll And Transit branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are looking for the IFSC Code IDFB0010229 of Idfc First Bank Ltd for its E Toll And Transit branch located in Raigad, 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 Raigad and Navi Mumbai, 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 E Toll And Transit or Raigad to get the exact IFSC Code IDFB0010229.
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 Raigad, then it will provide you proper information.
How to Use IFSC Code IDFB0010229 for Online Transfers?
Once you have the IFSC Code IDFB0010229 for the E Toll And Transit branch of Idfc First Bank Ltd in Raigad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0010229. 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 IDFB0010229.
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 E Toll And Transit in Raigad, 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 E Toll And Transit, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0010229.
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 Credit Card& Allied Services Division 04Th Floor,Unit No.402,Plot No Gen/2/1/F,Mindspace Tower,Ttc Industrial Area,Midc Shirwane,Juinagar,Navi Mumbai,Raigad,Maharashtra-400706.Tollfree No. 18004194332 located in Raigad, Navi Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.