IFSC Code of IDFC First Bank Limited, New Delhi - Gandhi Nagar Branch Branch, Delhi

Below are the complete branch details for IDFC First Bank Limited, NEW DELHI - GANDHI NAGAR BRANCH branch, located in DELHI, DELHI. The IFSC assigned by the Reserve Bank of India to this branch is IDFB0020232. 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 IDFB0020232 for IDFC First Bank Limited – NEW DELHI - GANDHI NAGAR BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for IDFC First Bank Limited – NEW DELHI - GANDHI NAGAR BRANCH is IDFB0020232. The first four letters IDFB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 020232 map to this branch in DELHI, DELHI.

About IDFC First Bank Limited

IDFC First Bank Limited operates a wide network of branches across India, including the New Delhi - Gandhi Nagar Branch branch in Delhi. 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, IDFB0020232.

About the New Delhi - Gandhi Nagar Branch branch

The New Delhi - Gandhi Nagar Branch branch of IDFC First Bank Limited is situated at GROUND FLOOR, NOS. 11&12, MAHILA COLONY, GANDHI NAGAR, NEAR JHEEL CHOWK, NEW DELHI- 110031, TOLL FREE NO.- 18004194332. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IDFB0020232 is used.

Branch details at a glance

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how IDFC First Bank Limited's NEW DELHI - GANDHI NAGAR BRANCH branch came to be assigned the code IDFB0020232.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IDFB0020232, money simply cannot be routed to the NEW DELHI - GANDHI NAGAR BRANCH branch electronically.

MICR & cheque-truncation details

Cheques drawn on the New Delhi - Gandhi Nagar Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0020232 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC IDFB0020232

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 IDFB0020232 across all three.

NEFT to IDFC First Bank Limited, NEW DELHI - GANDHI NAGAR BRANCH using IFSC IDFB0020232

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 IDFB0020232, and confirm that the system picks up IDFC First Bank Limited – NEW DELHI - GANDHI NAGAR BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC IDFB0020232

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to IDFC First Bank Limited – NEW DELHI - GANDHI NAGAR BRANCH, ensure your bank's portal accepts IFSC IDFB0020232 while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDFC First Bank Limited NEW DELHI - GANDHI NAGAR BRANCH (IFSC IDFB0020232)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0020232 in your mobile or internet banking app, and the money is credited to the NEW DELHI - GANDHI NAGAR BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to New Delhi - Gandhi Nagar 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 IDFB0020232:

• 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 NEW DELHI - GANDHI NAGAR BRANCH is still linked to IFSC IDFB0020232.

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 IDFB0020232

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 – NEW DELHI - GANDHI NAGAR BRANCH is still mapped to IFSC IDFB0020232. 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 IDFB0020232 and the beneficiary's account number to complete the transfer.

Account types you can open at the New Delhi - Gandhi Nagar Branch branch

Once you have an account at IDFC First Bank Limited – NEW DELHI - GANDHI NAGAR BRANCH, the IFSC IDFB0020232 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The New Delhi - Gandhi Nagar Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.

• 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 IDFB0020232

Online banking and IFSC IDFB0020232

IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the NEW DELHI - GANDHI NAGAR 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 IDFB0020232 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 New Delhi - Gandhi Nagar Branch branch

The branch is located at GROUND FLOOR, NOS. 11&12, MAHILA COLONY, GANDHI NAGAR, NEAR JHEEL CHOWK, NEW DELHI- 110031, TOLL FREE NO.- 18004194332, which puts it inside Delhi, the broader East Delhi district, and the state of Delhi. To plan your visit:

1. Open Google Maps on your phone and search for “IDFC First Bank Limited New Delhi - Gandhi Nagar Branch branch” — the verified location pin for IFSC IDFB0020232 should appear at the top of the results.
2. Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
3. 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 IDFB0020232 and your account number.

Common mistakes to avoid when using IFSC IDFB0020232

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to IDFC First Bank Limited – NEW DELHI - GANDHI NAGAR BRANCH, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: IDFB0020232.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The New Delhi - Gandhi Nagar Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDFB0020232, however, work 24x7.

Verifying IFSC IDFB0020232 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 IDFB0020232 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on the branch contact number.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDFB0020232 belongs to IDFC First Bank Limited's NEW DELHI - GANDHI NAGAR BRANCH branch, located at GROUND FLOOR, NOS. 11&12, MAHILA COLONY, GANDHI NAGAR, NEAR JHEEL CHOWK, NEW… in DELHI, DELHI. 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.