Use this page as a one-stop reference for everything related to IDFC First Bank Limited's MUCHANDI BRANCH branch in MUCHANDI, KARNATAKA. The branch's IFSC code IDFB0080255 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, IDFB0080255 is the IFSC of IDFC First Bank Limited's MUCHANDI BRANCH branch. The format is fixed: IDFB = bank code, 0 = reserved, 080255 = branch identifier.
About IDFC First Bank Limited
IDFC First Bank Limited operates a wide network of branches across India, including the Muchandi Branch branch in Muchandi. 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, IDFB0080255.
Branch details at a glance
| Bank Name | IDFC First Bank Limited |
|---|---|
| Branch | Muchandi Branch |
| IFSC Code | IDFB0080255 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, 620, C-0 BALARAM FAKIRA MOTARI, BHAGYALAKSHMI NIVAS, GOKUL NAGAR, GOKAK ROAD, POST MUCHANDI, BELGAUM, 16 KARNATAKA - 590016, TOLL FREE NO 1800 419 8332 |
| City | Muchandi |
| District | Belgaum |
| State | Karnataka |
| STD Code | 0 |
| Phone | 0 |
About the Muchandi Branch branch
The Muchandi Branch branch of IDFC First Bank Limited is situated at GROUND FLOOR, 620, C-0 BALARAM FAKIRA MOTARI, BHAGYALAKSHMI NIVAS, GOKUL NAGAR, GOKAK ROAD, POST MUCHANDI, BELGAUM, 16 KARNATAKA - 590016, TOLL FREE NO 1800 419 8332. 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 IDFB0080255 is used.
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 MUCHANDI BRANCH of IDFC First Bank Limited — its own 11-character IFSC. The code IDFB0080255 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 IDFB0080255 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Muchandi Branch branch is mapped to IFSC IDFB0080255 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 IDFB0080255.
Products and services
Customers walking into the Muchandi 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 IDFB0080255
How to transfer money using IFSC IDFB0080255
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 IDFB0080255 across all three.
NEFT to IDFC First Bank Limited, MUCHANDI BRANCH using IFSC IDFB0080255
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 IDFB0080255, and confirm that the system picks up IDFC First Bank Limited – MUCHANDI 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 MUCHANDI BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at IDFC First Bank Limited's MUCHANDI BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDFB0080255 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 – MUCHANDI BRANCH, use IMPS. With IFSC IDFB0080255 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 IDFB0080255 for IDFC First Bank Limited – MUCHANDI 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 – IDFB0080255 | Yes – IDFB0080255 | Yes – IDFB0080255 |
For most retail customers crediting the Muchandi 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.
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 MUCHANDI BRANCH branch, the IFSC IDFB0080255 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.
Online banking and IFSC IDFB0080255
IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the MUCHANDI 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 IDFB0080255 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.
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 IDFB0080255 and the account number together uniquely identify the Muchandi Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 – MUCHANDI BRANCH:
- The IFSC is exactly IDFB0080255 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 MUCHANDI 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 Muchandi Branch branch sits at GROUND FLOOR, 620, C-0 BALARAM FAKIRA MOTARI, BHAGYALAKSHMI NIVAS, GOKUL NAGAR, GOKAK ROAD, POST MUCHANDI, BELGAUM, 16 KARNATAKA - 590016, TOLL FREE NO 1800 419 8332. If you are travelling from outside Muchandi, search for the branch on a maps application using the bank name and locality, or call 0 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 IDFB0080255 and your account number.
Verifying IFSC IDFB0080255 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 IDFB0080255 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.
Working hours
Branch counters at Muchandi 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 IDFB0080255 continue to work without interruption.
Branch address & contact
IDFC First Bank LimitedMuchandi Branch Branch
GROUND FLOOR, 620, C-0 BALARAM FAKIRA MOTARI, BHAGYALAKSHMI NIVAS, GOKUL NAGAR, GOKAK ROAD, POST MUCHANDI, BELGAUM, 16 KARNATAKA - 590016, TOLL FREE NO 1800 419 8332
Muchandi, Karnataka
Phone: 0
IFSC: IDFB0080255
Frequently asked questions
Does IDFC First Bank Limited Muchandi Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
How quickly will an NEFT transfer using IDFB0080255 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDFC First Bank Limited – Muchandi Branch reflect within 30 minutes.
Is IFSC IDFB0080255 valid for NEFT and RTGS?
Yes. IFSC IDFB0080255 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Can I use IFSC IDFB0080255 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDFB0080255 to send funds instantly.
What is the IFSC code of IDFC First Bank Limited Muchandi Branch branch?
The IFSC code of IDFC First Bank Limited, Muchandi Branch branch is IDFB0080255. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of IDFC First Bank Limited Muchandi Branch branch?
You can reach the branch at 0 during regular banking hours.
How do I add IDFC First Bank Limited Muchandi Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDFB0080255, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDFB0080255 the same for all accounts at Muchandi Branch branch?
Yes. The IFSC IDFB0080255 is shared by every account held at IDFC First Bank Limited's Muchandi Branch branch. Only the account number changes from customer to customer.
Summary
The IFSC code IDFB0080255 belongs to IDFC First Bank Limited's MUCHANDI BRANCH branch, located at GROUND FLOOR, 620, C-0 BALARAM FAKIRA MOTARI, BHAGYALAKSHMI NIVAS, GOKUL… in MUCHANDI, KARNATAKA. 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.
