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 Narmadapuram Branch branch in Hoshangabad, Hoshangabad, 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 Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDFB0041112. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Idfc First Bank Ltd, Narmadapuram Branch, Hoshangabad
The table below shows the main details of the IFSC Code IDFB0041112 for the Idfc First Bank Ltd branch in Hoshangabad, which falls under the Hoshangabad district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0041112 |
| Branch | Narmadapuram Branch |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| Address | Ground And First Floor, Ward No.7, Plot No. 74-12/1/21,Meenaskshi Chowk, Anand Nagar, Narmadapuram, Madhya Pradesh - 461001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Hoshangabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0041112 for the Narmadapuram Branch branch of Idfc First Bank Ltd has an important 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 IDFB0041112 is given to every bank branch, including Idfc First Bank Ltd located in Narmadapuram Branch, Hoshangabad, Madhya 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 Hoshangabad.
- 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 Hoshangabad and Hoshangabad.
- 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Idfc First Bank Ltd in Narmadapuram Branch doesn't end up at another location.
Format of the IFSC Code IDFB0041112
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 Narmadapuram Branch in Hoshangabad.
For example, the IFSC Code IDFB0041112 of Idfc First Bank Ltd for the Narmadapuram Branch branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are looking for the IFSC Code IDFB0041112 of Idfc First Bank Ltd for its Narmadapuram Branch branch located in Hoshangabad, 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 Hoshangabad and Hoshangabad, 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 Narmadapuram Branch or Hoshangabad to get the exact IFSC Code IDFB0041112.
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 Hoshangabad, then it will provide you proper information.
How to Use IFSC Code IDFB0041112 for Online Transfers?
If you have the IFSC Code IDFB0041112 for the Narmadapuram Branch branch of Idfc First Bank Ltd in Hoshangabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0041112. Transfers are processed in batches. 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. Asks for the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0041112.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Idfc First Bank Ltd Narmadapuram Branch in Hoshangabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Idfc First Bank Ltd in Narmadapuram Branch, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Hoshangabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0041112.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground And First Floor, Ward No.7, Plot No. 74-12/1/21,Meenaskshi Chowk, Anand Nagar, Narmadapuram, Madhya Pradesh - 461001 located in Hoshangabad, Hoshangabad, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.