IFSC Code of IDFC First Bank Limited, IDFC First Bank Ltd Branch, Punjab

Use this page as a one-stop reference for everything related to IDFC First Bank Limited's IDFC FIRST BANK LTD branch in DERA BASSI, PUNJAB. The branch's IFSC code IDFB0021376 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.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For IDFC First Bank Limited's IDFC FIRST BANK LTD branch, the IFSC IDFB0021376 breaks down as follows: IDFB identifies the bank, 0 is the reserved character, and 021376 identifies this particular branch.

Branch details at a glance

About IDFC First Bank Limited

IDFC First Bank Limited operates a wide network of branches across India, including the IDFC First Bank Ltd branch in Dera Bassi. 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, IDFB0021376.

About the IDFC First Bank Ltd branch

The IDFC First Bank Ltd branch of IDFC First Bank Limited is situated at GROUND FLOOR, PARAS PLAZA, AMBALA CHANDIGARH ROAD, SHEKHPURA KHURD, DERABASSI, PUNJAB- 140507. 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 IDFB0021376 is used.

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 IDFC FIRST BANK LTD branch came to be assigned the code IDFB0021376.

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 IDFB0021376, money simply cannot be routed to the IDFC FIRST BANK LTD branch electronically.

How to transfer money using IFSC IDFB0021376

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 IDFB0021376 across all three.

How to use IFSC IDFB0021376 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDFC First Bank Limited's IDFC FIRST BANK LTD 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IDFB0021376.
4. Confirm the bank name auto-populates as IDFC First Bank Limited and the branch as IDFC FIRST BANK LTD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC IDFB0021376

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 – IDFC FIRST BANK LTD, ensure your bank's portal accepts IFSC IDFB0021376 while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDFC First Bank Limited IDFC FIRST BANK LTD (IFSC IDFB0021376)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0021376 in your mobile or internet banking app, and the money is credited to the IDFC FIRST BANK LTD branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to IDFC First Bank Ltd

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 IDFB0021376:

• 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 IDFC FIRST BANK LTD is still linked to IFSC IDFB0021376.

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 IDFB0021376

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 – IDFC FIRST BANK LTD is still mapped to IFSC IDFB0021376. 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 IDFB0021376 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the IDFC First Bank Ltd branch is mapped to IFSC IDFB0021376 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 IDFB0021376.

Banking services available

The IDFC First Bank Ltd 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 IDFB0021376

MICR & cheque-truncation details

Cheques drawn on the IDFC First Bank Ltd branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0021376 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC IDFB0021376

IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the IDFC FIRST BANK LTD 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 IDFB0021376 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.

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 – IDFC FIRST BANK LTD:

• The IFSC is exactly IDFB0021376 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 IDFC FIRST BANK LTD 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 IDFC First Bank Ltd branch sits at GROUND FLOOR, PARAS PLAZA, AMBALA CHANDIGARH ROAD, SHEKHPURA KHURD, DERABASSI, PUNJAB- 140507. If you are travelling from outside Dera Bassi, 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 IDFB0021376 and your account number.

Verifying IFSC IDFB0021376 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 IDFB0021376 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.

Working hours

Branch counters at IDFC First Bank Ltd 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 IDFB0021376 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDFB0021376 belongs to IDFC First Bank Limited's IDFC FIRST BANK LTD branch, located at GROUND FLOOR, PARAS PLAZA, AMBALA CHANDIGARH ROAD, SHEKHPURA KHURD, DERABASSI,… in DERA BASSI, PUNJAB. 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.