For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Idfc First Bank Ltd for its Burhanpur Branch branch in Burhanpur, Burhanpur, Madhya Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Idfc First Bank Ltd located in Burhanpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDFB0043141. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idfc First Bank Ltd, Burhanpur Branch, Burhanpur
Here are the main details that are associated with the IFSC Code IDFB0043141 of Idfc First Bank Ltd for its branch located in Burhanpur, within the district of Burhanpur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0043141 |
| Branch | Burhanpur Branch |
| City | Burhanpur |
| District | Burhanpur |
| State | Madhya Pradesh |
| Address | Ground & First Floor, Building No. 282/19, Saitee Complex, Amravati Road, Burhanpur. - 450331. District Burhanpur. Madhya Pradesh, Toll Free No. 18004194332 |
These details are essential not only for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Burhanpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0043141 for the Burhanpur Branch branch of Idfc First Bank Ltd plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idfc First Bank Ltd located in Burhanpur Branch, Burhanpur, Madhya Pradesh, is provided a unique IFSC like IDFB0043141 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idfc First Bank Ltd branch in Burhanpur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Burhanpur and Burhanpur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Burhanpur Branch do not get misguided to another person.
Format of the IFSC Code IDFB0043141
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 Burhanpur Branch in Burhanpur.
For example, the IFSC Code IDFB0043141 of Idfc First Bank Ltd for the Burhanpur Branch branch includes these elements, identifying the bank and the branch location in Burhanpur and Madhya Pradesh accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0043141 of Idfc First Bank Ltd for its Burhanpur Branch branch located in Burhanpur, the following methods can help:
Cheque Book
The cheque books that are issued by Idfc First Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Burhanpur and Burhanpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idfc First Bank Ltd and find the branch locator section. Search for Burhanpur Branch or Burhanpur to get the exact IFSC Code IDFB0043141.
Mobile Banking App
If you use Idfc First Bank Ltd's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Idfc First Bank Ltd and Burhanpur that will provide accurate information.
How to Use IFSC Code IDFB0043141 for Online Transfers?
Once you have the IFSC Code IDFB0043141 for the Burhanpur Branch branch of Idfc First Bank Ltd in Burhanpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0043141. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 IDFB0043141.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Idfc First Bank Ltd Burhanpur Branch in Burhanpur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Idfc First Bank Ltd in Burhanpur Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Idfc First Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Burhanpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0043141.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground & First Floor, Building No. 282/19, Saitee Complex, Amravati Road, Burhanpur. - 450331. District Burhanpur. Madhya Pradesh, Toll Free No. 18004194332 located in Burhanpur, Burhanpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.