IFSC Code of IDFC First Bank Limited, Mumbai - Borivali East Branch Branch, Maharashtra

If you are searching for the IFSC code of IDFC First Bank Limited, MUMBAI - BORIVALI EAST BRANCH branch in MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is IDFB0040501. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MUMBAI - BORIVALI EAST BRANCH branch, and detailed step-by-step guides for using the IFSC IDFB0040501 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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 – MUMBAI - BORIVALI EAST BRANCH is IDFB0040501. The first four letters IDFB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 040501 map to this branch in MUMBAI, MAHARASHTRA.

About IDFC First Bank Limited

IDFC First Bank Limited operates a wide network of branches across India, including the Mumbai - Borivali East Branch branch in Mumbai. 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, IDFB0040501.

About this branch

The branch is located at GROUND FLOOR, SHOP NO1&2, 66 PALAZZIO, CHOGLE WADI, CARTER ROAD NO.1, BORIVALI EAST, MUMBAI-400066, TOLL FREE NO.- 18602582000.. It serves the Mumbai 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 IDFB0040501 is used to identify this branch on the RBI payments network.

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 MUMBAI - BORIVALI EAST BRANCH branch came to be assigned the code IDFB0040501.

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 IDFB0040501, money simply cannot be routed to the MUMBAI - BORIVALI EAST BRANCH branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Mumbai - Borivali East Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0040501 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 IDFB0040501

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 IDFB0040501 across all three.

How to use IFSC IDFB0040501 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDFC First Bank Limited's MUMBAI - BORIVALI EAST 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).

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 IDFB0040501.
4. Confirm the bank name auto-populates as IDFC First Bank Limited and the branch as MUMBAI - BORIVALI EAST BRANCH.
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 IDFB0040501

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 – MUMBAI - BORIVALI EAST BRANCH, ensure your bank's portal accepts IFSC IDFB0040501 while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDFC First Bank Limited MUMBAI - BORIVALI EAST BRANCH (IFSC IDFB0040501)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0040501 in your mobile or internet banking app, and the money is credited to the MUMBAI - BORIVALI EAST BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Mumbai - Borivali East 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 IDFB0040501:

• 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 MUMBAI - BORIVALI EAST BRANCH is still linked to IFSC IDFB0040501.

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 IDFB0040501

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 – MUMBAI - BORIVALI EAST BRANCH is still mapped to IFSC IDFB0040501. 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 IDFB0040501 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Mumbai - Borivali East Branch branch is mapped to IFSC IDFB0040501 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 IDFB0040501.

Banking services available

The Mumbai - Borivali East Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.

• 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 IDFB0040501

Online banking and IFSC IDFB0040501

IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the MUMBAI - BORIVALI EAST 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 IDFB0040501 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.

Reaching the branch

The Mumbai - Borivali East Branch branch sits at GROUND FLOOR, SHOP NO1&2, 66 PALAZZIO, CHOGLE WADI, CARTER ROAD NO.1, BORIVALI EAST, MUMBAI-400066, TOLL FREE NO.- 18602582000.. If you are travelling from outside Mumbai, 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 IDFB0040501 and your account number.

Common mistakes to avoid when using IFSC IDFB0040501

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 – MUMBAI - BORIVALI EAST 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: IDFB0040501.
• 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.

Working hours

Branch counters at Mumbai - Borivali East 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 IDFB0040501 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDFB0040501 for IDFC First Bank Limited – MUMBAI - BORIVALI EAST 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.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDFB0040501 belongs to IDFC First Bank Limited's MUMBAI - BORIVALI EAST BRANCH branch, located at GROUND FLOOR, SHOP NO1&2, 66 PALAZZIO, CHOGLE WADI, CARTER ROAD NO.1, BORIVALI… in MUMBAI, MAHARASHTRA. 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.