For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idfc First Bank Ltd for its Thane Branch branch in Thane, Thane, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Idfc First Bank Ltd located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code IDFB0040112. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idfc First Bank Ltd, Thane Branch, Thane
Here are the main details that are associated with the IFSC Code IDFB0040112 of Idfc First Bank Ltd for its branch located in Thane, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0040112 |
| Branch | Thane Branch |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Ground Floor, Shop No 6 7, P.E.S.New English Building, Dr.Ramesh Pradhan Road, Off. Ram Maruti Cross Road, Thane West, Thane 400602, Toll Free Number 18004194332 |
These details are important not only for users using online banking but also for businesses and individuals who use Idfc First Bank Ltd in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDFB0040112 for the Thane Branch branch of Idfc First Bank Ltd is vital.
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 Thane Branch, Thane, Maharashtra, are given a unique IFSC like IDFB0040112 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Thane and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Idfc First Bank Ltd in Thane Branch goes to the correct branch. This is important because Idfc First Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IDFB0040112
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 Thane Branch in Thane.
For example, the IFSC Code IDFB0040112 of Idfc First Bank Ltd for the Thane Branch branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0040112 of Idfc First Bank Ltd for its Thane Branch branch located in Thane, the following methods can help:
Cheque Book
The cheque books that are issued by Idfc First Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Thane and Thane, 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 find the branch locator section. Search for Thane Branch or Thane to get the exact IFSC Code IDFB0040112.
Mobile Banking App
If you use Idfc First Bank Ltd's mobile app, you can easily 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 to help you in searching for Idfc First Bank Ltd and Thane that will provide accurate information.
How to Use IFSC Code IDFB0040112 for Online Transfers?
Once you have the IFSC Code IDFB0040112 for the Thane Branch branch of Idfc First Bank Ltd in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0040112. Transfers are processed in batches. This is 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. Requires the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0040112.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idfc First Bank Ltd Thane Branch in Thane may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idfc First Bank Ltd in Thane Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Idfc First Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Thane manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0040112.
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 6 7, P.E.S.New English Building, Dr.Ramesh Pradhan Road, Off. Ram Maruti Cross Road, Thane West, Thane 400602, Toll Free Number 18004194332 located in Thane, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.