IDFC FIRST Bank, MALAD BRANCH, MUMBAI SUBURBAN Branch IFSC Code

The IFSC code IDFB0040114 is assigned to IDFC FIRST Bank, MALAD BRANCH located in MUMBAI SUBURBAN, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name IDFC FIRST Bank
IFSC Code IDFB0040114
MICR Code 400751015
Branch Code 040114
Branch MALAD BRANCH
City MUMBAI SUBURBAN
District MUMBAI
State MAHARASHTRA
Address GROUND FLOOR, UNIT NO 3, BHAGAT GRANDEUR, OPP INFINITY MALL, MALAD WEST, MUMBAI 400064, TOLL FREE NUMBER 18004194332 Maps

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

IDFB Bank Code
0 Reserved (0)
040114 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

400 City Code
751 Bank Code
015 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code IDFB0040114 is the Indian Financial System Code assigned to IDFC FIRST Bank, MALAD BRANCH branch in MUMBAI SUBURBAN, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in MUMBAI SUBURBAN, MUMBAI, MAHARASHTRA. The full address is: GROUND FLOOR, UNIT NO 3, BHAGAT GRANDEUR, OPP INFINITY MALL, MALAD WEST, MUMBAI 400064, TOLL FREE NUMBER 18004194332

The branch code is 040114. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of IDFC FIRST Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 400751015. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: IDFB0040114
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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