IDFC FIRST Bank Panipat Model Town Branch IFSC Code: IDFB0021623
Branch Code: 021623 | PANIPAT, PANIPAT, Haryana
The official Indian Financial System Code (IFSC) for IDFC FIRST Bank, Panipat Model Town branch in PANIPAT, Haryana is IDFB0021623. The MICR code for cheque clearance is 132751003.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- IDFC FIRST Bank
- Branch Name
- PANIPAT-MODEL TOWN BRANCH
- MICR Code
- City / District
- PANIPAT (PANIPAT)
- State
- Haryana
- Postal Pincode
- 132103
GROUND AND FIRST FLOOR,230-R,MODEL TOWN,RING ROAD,MODEL TOWN,PANIPAT,HARYANA-132103,TOLLFREE NO.18004194332, Pincode: 132103
How to Read IFSC Code: IDFB0021623
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify IDFC FIRST Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: IDFC FIRST Bank (IDFB0021623)
Which bank does IFSC Code IDFB0021623 belong to?
IFSC Code IDFB0021623 belongs to IDFC FIRST Bank for its PANIPAT-MODEL TOWN BRANCH branch, located in PANIPAT, Haryana. The 4-letter prefix 'IDFB' represents IDFC FIRST Bank.
What is the IFSC Code for IDFC FIRST Bank PANIPAT-MODEL TOWN BRANCH branch?
The IFSC Code for IDFC FIRST Bank PANIPAT-MODEL TOWN BRANCH branch in PANIPAT, Haryana is IDFB0021623. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of IDFC FIRST Bank PANIPAT-MODEL TOWN BRANCH branch?
The branch is located at: GROUND AND FIRST FLOOR,230-R,MODEL TOWN,RING ROAD,MODEL TOWN,PANIPAT,HARYANA-132103,TOLLFREE NO.18004194332, Pincode: 132103, PANIPAT, Haryana.
What is the MICR Code for IDFC FIRST Bank PANIPAT-MODEL TOWN BRANCH?
The MICR Code for electronic cheque clearing at IDFC FIRST Bank PANIPAT-MODEL TOWN BRANCH is 132751003.
How to decipher the IFSC code IDFB0021623?
The first 4 characters 'IDFB' represent IDFC FIRST Bank. The 5th character is '0' reserved for future use. The last 6 characters '021623' represent the specific PANIPAT-MODEL TOWN BRANCH branch code.
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