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 Mumbai-Dombivli Branch branch in Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0040173. 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, Mumbai-Dombivli Branch, Thane
Below in the table are the key details related to IFSC Code IDFB0040173 of Idfc First Bank Ltd for its branch located in Thane, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0040173 |
| Branch | Mumbai-Dombivli Branch |
| City | Thane |
| District | Mumbai |
| State | Maharashtra |
| Address | Ground Floor, Shop No. 1,2 & Unit No.1, Satchidanand Chs, Near Old Post Office, Tilak Road, Dombivali East - 421201,Toll Free 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 Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0040173 for the Mumbai-Dombivli Branch 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 Mumbai-Dombivli Branch, Thane, Maharashtra, is provided with a unique IFSC like IDFB0040173 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 Thane.
- 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 Thane and 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 Mumbai-Dombivli Branch do not get mixed with another location.
Format of the IFSC Code IDFB0040173
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 Mumbai-Dombivli Branch in Thane.
For example, the IFSC Code IDFB0040173 of Idfc First Bank Ltd for the Mumbai-Dombivli Branch branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0040173 of Idfc First Bank Ltd for its Mumbai-Dombivli Branch branch located in Thane, 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 Thane and Mumbai, 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 Mumbai-Dombivli Branch or Thane to get the exact IFSC Code IDFB0040173.
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 Thane, you'll get the correct details.
How to Use IFSC Code IDFB0040173 for Online Transfers?
If you have the IFSC Code IDFB0040173 for the Mumbai-Dombivli Branch branch of Idfc First Bank Ltd in Thane, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0040173. 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 IDFB0040173.
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 Mumbai-Dombivli Branch in Thane, 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 Mumbai-Dombivli 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 Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0040173.
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. 1,2 & Unit No.1, Satchidanand Chs, Near Old Post Office, Tilak Road, Dombivali East - 421201,Toll Free No. 18004194332 located in Thane, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.