Below are the complete branch details for IDFC First Bank Limited, BAYAD BRANCH branch, located in BAYAD, GUJARAT. The IFSC assigned by the Reserve Bank of India to this branch is IDFB0040374. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IDFB0040374 for IDFC First Bank Limited – BAYAD BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IDFB0040374 is the IFSC of IDFC First Bank Limited's BAYAD BRANCH branch. The format is fixed: IDFB = bank code, 0 = reserved, 040374 = branch identifier.
About the bank
IDFC First Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bayad Branch branch in Bayad, Gujarat is part of this network and uses the IFSC code IDFB0040374 for all electronic settlement.
About this branch
The branch is located at SHREEJI CHARAN COMPLEX SHOP 4 TO 11, OPP RELIANCE PETROL PUMP, BAYAD 383325, GUJARAT, TOLL FREE NUMBER 18004194332. It serves the Bayad region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of IDFC First Bank Limited. The IFSC IDFB0040374 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | IDFC First Bank Limited |
|---|---|
| Branch | Bayad Branch |
| IFSC Code | IDFB0040374 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHREEJI CHARAN COMPLEX SHOP 4 TO 11, OPP RELIANCE PETROL PUMP, BAYAD 383325, GUJARAT, TOLL FREE NUMBER 18004194332 |
| City | Bayad |
| District | Sabar Kantha |
| State | Gujarat |
| STD Code | 0 |
| Phone | 0 |
Why every IDFC First Bank Limited branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BAYAD BRANCH of IDFC First Bank Limited — its own 11-character IFSC. The code IDFB0040374 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IDFB0040374 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by IDFC First Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IDFB0040374 and the account number together uniquely identify the Bayad Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDFB0040374
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IDFB0040374 across all three.
NEFT to IDFC First Bank Limited, BAYAD BRANCH using IFSC IDFB0040374
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IDFB0040374, and confirm that the system picks up IDFC First Bank Limited – BAYAD BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to BAYAD BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at IDFC First Bank Limited's BAYAD BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDFB0040374 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to IDFC First Bank Limited – BAYAD BRANCH, use IMPS. With IFSC IDFB0040374 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Bayad Branch
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IDFB0040374:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BAYAD BRANCH is still linked to IFSC IDFB0040374.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
UPI payments and IFSC IDFB0040374
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at IDFC First Bank Limited – BAYAD BRANCH is still mapped to IFSC IDFB0040374. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IDFB0040374 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Bayad Branch branch is mapped to IFSC IDFB0040374 on the RBI payments network. The branch generally supports the full retail product catalogue of IDFC First Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IDFB0040374.
Banking services available
The Bayad Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDFB0040374
Online banking and IFSC IDFB0040374
IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the BAYAD BRANCH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IDFB0040374 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Bayad Branch branch
The branch is located at SHREEJI CHARAN COMPLEX SHOP 4 TO 11, OPP RELIANCE PETROL PUMP, BAYAD 383325, GUJARAT, TOLL FREE NUMBER 18004194332, which puts it inside Bayad, the broader Sabar Kantha district, and the state of Gujarat. To plan your visit:
- Open Google Maps on your phone and search for “IDFC First Bank Limited Bayad Branch branch” — the verified location pin for IFSC IDFB0040374 should appear at the top of the results.
- Confirm the branch is open by calling 0 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IDFB0040374 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to IDFC First Bank Limited – BAYAD BRANCH:
- The IFSC is exactly IDFB0040374 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills IDFC First Bank Limited as the bank name and BAYAD BRANCH as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Working hours
Branch counters at Bayad Branch are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IDFB0040374 continue to work without interruption.
Verifying IFSC IDFB0040374 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IDFB0040374 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Branch address & contact
IDFC First Bank LimitedBayad Branch Branch
SHREEJI CHARAN COMPLEX SHOP 4 TO 11, OPP RELIANCE PETROL PUMP, BAYAD 383325, GUJARAT, TOLL FREE NUMBER 18004194332
Bayad, Gujarat
Phone: 0
IFSC: IDFB0040374
Frequently asked questions
Is IFSC IDFB0040374 valid for NEFT and RTGS?
Yes. IFSC IDFB0040374 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Does IDFC First Bank Limited Bayad Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
What is the IFSC code of IDFC First Bank Limited Bayad Branch branch?
The IFSC code of IDFC First Bank Limited, Bayad Branch branch is IDFB0040374. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Where is IDFC First Bank Limited Bayad Branch branch located?
IDFC First Bank Limited's Bayad Branch branch is located at SHREEJI CHARAN COMPLEX SHOP 4 TO 11, OPP RELIANCE PETROL PUMP, BAYAD 383325, GUJARAT, TOLL FREE NUMBER 18004194332, Bayad, Gujarat.
Is IFSC IDFB0040374 the same for all accounts at Bayad Branch branch?
Yes. The IFSC IDFB0040374 is shared by every account held at IDFC First Bank Limited's Bayad Branch branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Bayad Branch branch but serve different purposes.
How do I add IDFC First Bank Limited Bayad Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDFB0040374, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the phone number of IDFC First Bank Limited Bayad Branch branch?
You can reach the branch at 0 during regular banking hours.
Final notes
To recap: IDFB0040374 is the IFSC code of IDFC First Bank Limited, BAYAD BRANCH branch, in BAYAD, GUJARAT. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
