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Idfc Bank IFSC Code and MICR Code:

Idfc Bank state wise list of all branches, IFSC code, MICR code and Addresses within India

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Idfc Bank IFSC Code

About IDFC Ltd

Infrastructure Development Finance Company (IDFC) Limited was founded in on 30 January 1997 at Chennai, in the state of Tamil Nadu, in Southern India. On 9 June 1997, it started operations in the open market. The area served by this company is within India. It provides services related to corporate banking and Investment banking. It is one of the leading finance company that is based in India. It largely provides finance and advisory services for different types of infrastructure projects plus investment banking and asset management. It is to be highly noted that Reserve Bank of India grants in-principle approval to IDFC in order to set up banks on 2nd April 2014. It is to be remembered that RBI granted officially a banking licence to IDFC on 24th June 2015.

On 1st October 2015, Infrastructure Development Finance Company (IDFC Ltd) started operating banking services. With the Securities and Exchange Board of India (SEBI) IDFC registered as a merchant banker and as an underwriter in 2000 and in 2001 respectively. It largely set up Infrastructure Development Corporation (Karnataka) Ltd (IDECK) which is a pursuant to a share holders agreement between the State of Karnataka, HDFC, IDECK and IDFC. In 2003, it became an investor in plus sponsor of the India Development Fund.

IDFC Bank IFSC Code and MICR code

The IFSC code of the IDFC Bank is meant for rightly powering electronic payment options such as RTGS and NEFT that function largely under the Reserve Bank of India (RBI). It is to be noted that both these option are the best when it actually comes to electronically transferring money from one particular account to given another. This eleven character code is special for every branch in that the initial four digits represent the bank. On the other hand, 5th digit is 0 by default plus the last six represent the branch. IDFB0****** is the IFSC code for IDFC Bank which is successfully used by a number of esteemed customers across the country for the main purpose of transferring money through online.

How to Search IDFC Bank IFSC and MICR Codes?

It is actually much easy to find complete details and information regarding all the major IDFC Bank branches within few clicks. The important steps which you have to strictly follow in order to search for the IDFC Bank IFSC and MICR codes are given below:
• The drop down search menu helps to begin searching for the IFSC code of any IDFC Bank branch.
• Then enter the state, city and district name where the branch is located.
• When you have filled up all the search fields, you need to directly click the search button in order to get the results.
• Once when you have done it then all the essential information and details regarding the branch phone numbers, address, IFSC code and MICR code.

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Idfc Bank IFSC Code News:

Acquisition of Grama Vidiyal Micro Finance Ltd. by IDFC Bank

The leading micro finance institution of the country Grama Vidiyal Micro Finance Ltd. has been acquired by IDFC Bank. Post the deal Grama Vidiyal will be a IDFC Bank subsidiary. Grama Vidiyal will then be a business partner of IDFC Bank and it will help the latter become one of the two new generation private sector banks to recently start operations , increase the network and make available basic banking services to a larger customer base. Then the bank will have access to 1.2 million households in the rural and semi urban  areas and the network of  Grama Vidiyal in 319 locations across 65 districts in TN,Kerala, Karnataka,Pondicherry,Maharashtra,Gujrat and MP. The Grama Vidiyal has its headquarters in Tiruchi TN and has assets worth Rs 1502 Cr. All the loan assets of the grama vidiyal will be now under  IDFC bank. Grama Vidiyal has investments from investors of the like of Vinod Khosla and  firms of the likes of Unitus Equity Fund, Amar Foundation and Micro Vest.

2016/07/26 11:32 PM

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