IFSC Code of IDFC First Bank Limited, Benaulim Branch Branch, Goa

Use this page as a one-stop reference for everything related to IDFC First Bank Limited's BENAULIM BRANCH branch in BENAULIM, GOA. The branch's IFSC code IDFB0043881 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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, IDFB0043881 is the IFSC of IDFC First Bank Limited's BENAULIM BRANCH branch. The format is fixed: IDFB = bank code, 0 = reserved, 043881 = branch identifier.

Branch details at a glance

About IDFC First Bank Limited

IDFC First Bank Limited operates a wide network of branches across India, including the Benaulim Branch branch in Benaulim. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IDFB0043881.

Benaulim Branch branch overview

Located at GROUND FLOOR, SHOP NO.2, CD ZEN GARDAN, MALPEN, NR. MARIA HALL, BENAULIM, SALCETE, GOA-403716, the Benaulim Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDFB0043881 is required for all interbank electronic transfers routed through this branch.

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 BENAULIM BRANCH of IDFC First Bank Limited — its own 11-character IFSC. The code IDFB0043881 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 IDFB0043881 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC IDFB0043881

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 IDFB0043881 across all three.

NEFT to IDFC First Bank Limited, BENAULIM BRANCH using IFSC IDFB0043881

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 IDFB0043881, and confirm that the system picks up IDFC First Bank Limited – BENAULIM 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 BENAULIM BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at IDFC First Bank Limited's BENAULIM BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDFB0043881 while initiating the transfer and the credit will appear within minutes.

IMPS to IDFC First Bank Limited BENAULIM BRANCH (IFSC IDFB0043881)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0043881 in your mobile or internet banking app, and the money is credited to the BENAULIM BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Benaulim 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 IDFB0043881:

• 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 BENAULIM BRANCH is still linked to IFSC IDFB0043881.

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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at IDFC First Bank Limited's BENAULIM BRANCH branch, the IFSC IDFB0043881 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Benaulim Branch branch is mapped to IFSC IDFB0043881 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 IDFB0043881.

Products and services

Customers walking into the Benaulim Branch branch can access most of IDFC First Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC IDFB0043881

MICR & cheque-truncation details

Cheques drawn on the Benaulim Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0043881 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Benaulim Branch branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IDFB0043881 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

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 – BENAULIM BRANCH:

• The IFSC is exactly IDFB0043881 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 BENAULIM 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.

Reaching the branch

The Benaulim Branch branch sits at GROUND FLOOR, SHOP NO.2, CD ZEN GARDAN, MALPEN, NR. MARIA HALL, BENAULIM, SALCETE, GOA-403716. If you are travelling from outside Benaulim, search for the branch on a maps application using the bank name and locality, or call the branch contact number to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IDFB0043881 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDFB0043881 for IDFC First Bank Limited – BENAULIM BRANCH, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Benaulim 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 IDFB0043881 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDFB0043881 belongs to IDFC First Bank Limited's BENAULIM BRANCH branch, located at GROUND FLOOR, SHOP NO.2, CD ZEN GARDAN, MALPEN, NR. MARIA HALL, BENAULIM,… in BENAULIM, GOA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.