Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Idfc First Bank Ltd for its Madanapalle branch in Annamayya, Madanapalle, or Andhra Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Idfc First Bank Ltd located in Annamayya or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code IDFB0081762. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Idfc First Bank Ltd, Madanapalle, Annamayya

Here are the main details that are associated with the IFSC Code IDFB0081762 of Idfc First Bank Ltd for its branch located in Annamayya, within the district of Madanapalle in the state of Andhra Pradesh.

Particulars Details
Bank Idfc First Bank Ltd
IFSC Code IDFB0081762
Branch Madanapalle
City Annamayya
District Madanapalle
State Andhra Pradesh
Address Ground Floor And Part Of 1St Floor, 15/196-1, Kammagadda Street, Burma Viddi, Kammapalli Village, Madanapalle Mandal, Annamayya District, Andhra Pradesh-517325, Tollfree No- 18602582000

These details helps users in online banking and for businesses and individuals who use Idfc First Bank Ltd in Annamayya for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0081762 for the Madanapalle branch of Idfc First Bank Ltd plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IDFB0081762 is given to every bank branch, including Idfc First Bank Ltd located in Madanapalle, Annamayya, Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Idfc First Bank Ltd branch in Annamayya.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Annamayya and Madanapalle.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Madanapalle doesn't end up at another location.

Format of the IFSC Code IDFB0081762

The format of the IFSC Code for banks, including Idfc First Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Idfc First Bank Ltd, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Madanapalle in Annamayya.

For example, the IFSC Code IDFB0081762 of Idfc First Bank Ltd for the Madanapalle branch includes these elements, identifying the bank and the branch location in Annamayya and Andhra Pradesh accurately.

How to Find IFSC Code for Idfc First Bank Ltd?

If you are looking for the IFSC Code IDFB0081762 of Idfc First Bank Ltd for its Madanapalle branch located in Annamayya, the following methods can help:

Cheque Book

The cheque book that is issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Idfc First Bank Ltd branches in Annamayya and Madanapalle, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Idfc First Bank Ltd and look for the branch locator section, then search for Madanapalle or Annamayya to get the exact IFSC Code IDFB0081762.

Mobile Banking App

If you use Idfc First Bank Ltd's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Idfc First Bank Ltd and Annamayya, then it will provide you proper information.

How to Use IFSC Code IDFB0081762 for Online Transfers?

Once you have the IFSC Code IDFB0081762 for the Madanapalle branch of Idfc First Bank Ltd in Annamayya, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IDFB0081762. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0081762.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Idfc First Bank Ltd Madanapalle in Annamayya may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Idfc First Bank Ltd in Madanapalle, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Idfc First Bank Ltd website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Annamayya manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Idfc First Bank Ltd in Madanapalle, Annamayya?

The IFSC Code is IDFB0081762.

Is the IFSC Code IDFB0081762 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Idfc First Bank Ltd Madanapalle?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Madanapalle branch?

The address of the branch is Ground Floor And Part Of 1St Floor, 15/196-1, Kammagadda Street, Burma Viddi, Kammapalli Village, Madanapalle Mandal, Annamayya District, Andhra Pradesh-517325, Tollfree No- 18602582000 located in Annamayya, Madanapalle, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.