Below are the complete branch details for IDFC First Bank Limited, SHALIMAR BAGH BRANCH branch, located in DELHI, DELHI. The IFSC assigned by the Reserve Bank of India to this branch is IDFB0020256. 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 IDFB0020256 for IDFC First Bank Limited – SHALIMAR BAGH 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, IDFB0020256 is the IFSC of IDFC First Bank Limited's SHALIMAR BAGH BRANCH branch. The format is fixed: IDFB = bank code, 0 = reserved, 020256 = 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 Shalimar Bagh Branch branch in Delhi, Delhi is part of this network and uses the IFSC code IDFB0020256 for all electronic settlement.
Branch details at a glance
| Bank Name | IDFC First Bank Limited |
|---|---|
| Branch | Shalimar Bagh Branch |
| IFSC Code | IDFB0020256 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BASEMENT AND GROUND FLOOR, PLOT NO. 41, BLOCK AG-41, SHALIMAR BAGH, NEW DELHI - 110088, TOLL FREE NO 18004194332 |
| City | Delhi |
| District | North Delhi |
| State | Delhi |
About this branch
The branch is located at BASEMENT AND GROUND FLOOR, PLOT NO. 41, BLOCK AG-41, SHALIMAR BAGH, NEW DELHI - 110088, TOLL FREE NO 18004194332. It serves the Delhi 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 IDFB0020256 is used to identify this branch on the RBI payments network.
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 SHALIMAR BAGH BRANCH branch came to be assigned the code IDFB0020256.
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 IDFB0020256, money simply cannot be routed to the SHALIMAR BAGH BRANCH branch electronically.
Products and account variants supported
Every account opened at the Shalimar Bagh Branch branch is mapped to IFSC IDFB0020256 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 IDFB0020256.
Products and services
Customers walking into the Shalimar Bagh 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 IDFB0020256
How to transfer money using IFSC IDFB0020256
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 IDFB0020256 across all three.
How to use IFSC IDFB0020256 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDFC First Bank Limited's SHALIMAR BAGH BRANCH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IDFB0020256.
- Confirm the bank name auto-populates as IDFC First Bank Limited and the branch as SHALIMAR BAGH BRANCH.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC IDFB0020256
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 – SHALIMAR BAGH BRANCH, ensure your bank's portal accepts IFSC IDFB0020256 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to IDFC First Bank Limited – SHALIMAR BAGH BRANCH, use IMPS. With IFSC IDFB0020256 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDFB0020256 for IDFC First Bank Limited – SHALIMAR BAGH BRANCH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IDFB0020256 | Yes – IDFB0020256 | Yes – IDFB0020256 |
For most retail customers crediting the Shalimar Bagh Branch branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IDFB0020256
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 – SHALIMAR BAGH BRANCH is still mapped to IFSC IDFB0020256. 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 IDFB0020256 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Shalimar Bagh 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 IDFB0020256 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.
MICR & cheque-truncation details
Cheques drawn on the Shalimar Bagh Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0020256 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – SHALIMAR BAGH BRANCH:
- The IFSC is exactly IDFB0020256 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 SHALIMAR BAGH 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 Shalimar Bagh Branch branch sits at BASEMENT AND GROUND FLOOR, PLOT NO. 41, BLOCK AG-41, SHALIMAR BAGH, NEW DELHI - 110088, TOLL FREE NO 18004194332. If you are travelling from outside Delhi, 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 IDFB0020256 and your account number.
Verifying IFSC IDFB0020256 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 IDFB0020256 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 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 Shalimar Bagh Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDFB0020256, however, work 24x7.
Branch address & contact
IDFC First Bank LimitedShalimar Bagh Branch Branch
BASEMENT AND GROUND FLOOR, PLOT NO. 41, BLOCK AG-41, SHALIMAR BAGH, NEW DELHI - 110088, TOLL FREE NO 18004194332
Delhi, Delhi
Phone: the branch contact number
IFSC: IDFB0020256
Frequently asked questions
How do I add IDFC First Bank Limited Shalimar Bagh Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDFB0020256, and complete OTP verification. Once activated, you can transfer funds at any time.
Does IDFC First Bank Limited Shalimar Bagh Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
Is IFSC IDFB0020256 the same for all accounts at Shalimar Bagh Branch branch?
Yes. The IFSC IDFB0020256 is shared by every account held at IDFC First Bank Limited's Shalimar Bagh Branch branch. Only the account number changes from customer to customer.
Where is IDFC First Bank Limited Shalimar Bagh Branch branch located?
IDFC First Bank Limited's Shalimar Bagh Branch branch is located at BASEMENT AND GROUND FLOOR, PLOT NO. 41, BLOCK AG-41, SHALIMAR BAGH, NEW DELHI - 110088, TOLL FREE NO 18004194332, Delhi, Delhi.
Is IFSC IDFB0020256 valid for NEFT and RTGS?
Yes. IFSC IDFB0020256 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Shalimar Bagh Branch branch but serve different purposes.
Final notes
To recap: IDFB0020256 is the IFSC code of IDFC First Bank Limited, SHALIMAR BAGH BRANCH branch, in DELHI, DELHI. 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.
