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 Manikonda Branch branch in Ranga Reddy, Hyderabad, Telangana, 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 Ranga Reddy or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code IDFB0080217. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Idfc First Bank Ltd, Manikonda Branch, Ranga Reddy
Here are the key points that are associated with the IFSC Code IDFB0080217 of Idfc First Bank Ltd for its branch located in Ranga Reddy, within the district of Hyderabad in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0080217 |
| Branch | Manikonda Branch |
| City | Ranga Reddy |
| District | Hyderabad |
| State | Telangana |
| Address | Ground Floor, Shop No.1, Shree Enclave Commercial Complex, Manikonda Jagir Village, Gandipet Mandal,Ranga Reddy District, Telangana- 500089, Tollfree 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 Ranga Reddy for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0080217 for the Manikonda 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Idfc First Bank Ltd located in Manikonda Branch, Ranga Reddy, Telangana, are allotted a unique IFSC like IDFB0080217 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ranga Reddy.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ranga Reddy and Hyderabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idfc First Bank Ltd in Manikonda Branch reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code IDFB0080217
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 Manikonda Branch in Ranga Reddy.
For example, the IFSC Code IDFB0080217 of Idfc First Bank Ltd for the Manikonda Branch branch includes these elements, identifying the bank and the branch location in Ranga Reddy and Telangana accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
To find the IFSC Code IDFB0080217 of Idfc First Bank Ltd for its Manikonda Branch branch located in Ranga Reddy, the following methods can help you out:
Cheque Book
The cheque book issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Ranga Reddy and Hyderabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idfc First Bank Ltd and go to the branch locator section. Then search for Manikonda Branch or Ranga Reddy to find the exact IFSC Code IDFB0080217.
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 maintains an updated database of all IFSC codes. Searching for Idfc First Bank Ltd and Ranga Reddy will provide accurate information.
How to Use IFSC Code IDFB0080217 for Online Transfers?
If you have the IFSC Code IDFB0080217 for the Manikonda Branch branch of Idfc First Bank Ltd in Ranga Reddy, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0080217. 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 IDFB0080217.
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 Manikonda Branch in Ranga Reddy, 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 Manikonda 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 Ranga Reddy to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0080217.
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, Shop No.1, Shree Enclave Commercial Complex, Manikonda Jagir Village, Gandipet Mandal,Ranga Reddy District, Telangana- 500089, Tollfree No-18004194332 located in Ranga Reddy, Hyderabad, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.