SWIFT Code IFCIINDD — IFCI LIMITED, NEW DELHI

About SWIFT Code IFCIINDD — IFCI LIMITED, NEW DELHI

SWIFT code IFCIINDD is the official 8-character head-office BIC (Bank Identifier Code) for IFCI LIMITED in NEW DELHI, India. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by IFCI LIMITED for all outward international remittances from NEW DELHI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IFCIINDD

The code IFCIINDD follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IFCIINDD

Receiving International Wire Transfers

To receive money from abroad at your IFCI LIMITED account in NEW DELHI, share SWIFT code IFCIINDD with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at IFCI LIMITED, NEW DELHI must provide SWIFT code IFCIINDD. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using IFCI LIMITED in NEW DELHI rely on SWIFT code IFCIINDD for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for IFCI LIMITED →

For cheque clearing or NACH mandates, use the MICR code for IFCI LIMITED →

For TDS challan deposits, find the BSR code for IFCI LIMITED →

How SWIFT Code IFCIINDD Routes an International Transfer

1. Initiation: The sender provides SWIFT code IFCIINDD and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to IFCI LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: IFCI LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IFCIINDD

• Spaces or lowercase letters — Always enter IFCIINDD uppercase with no spaces.
• Using the wrong city — This code is for NEW DELHI only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within India.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm IFCIINDD directly with IFCI LIMITED's NEW DELHI branch or via the SWIFT BIC Directory.