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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Idfc First Bank Ltd for its Sangakheda Kalan branch in Hoshangabad, Sangakheda Kalan, Madhya Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Idfc First Bank Ltd located in Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code IDFB0041109. 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, Sangakheda Kalan, Hoshangabad
The table below shows the main details of the IFSC Code IDFB0041109 for the Idfc First Bank Ltd branch in Hoshangabad, which falls under the Sangakheda Kalan district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0041109 |
| Branch | Sangakheda Kalan |
| City | Hoshangabad |
| District | Sangakheda Kalan |
| State | Madhya Pradesh |
| Address | Ground Floor , Vill. Sangakheda Kalan, Thehsil Babai Bada Kuan, Toll Free No 1800 419 8332 |
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 IDFB0041109 for the Sangakheda Kalan 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 IDFB0041109 is given to every bank branch, including Idfc First Bank Ltd located in Sangakheda Kalan, 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 Sangakheda Kalan.
- 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 Sangakheda Kalan doesn't end up at another location.
Format of the IFSC Code IDFB0041109
The format of the IFSC Code for banks, including Idfc First Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Idfc First Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sangakheda Kalan in Hoshangabad.
For example, the IFSC Code IDFB0041109 of Idfc First Bank Ltd for the Sangakheda Kalan 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?
To find the IFSC Code IDFB0041109 of Idfc First Bank Ltd for its Sangakheda Kalan branch located in Hoshangabad, the following methods can help you out:
Cheque Book
The cheque book issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Hoshangabad and Sangakheda Kalan, 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 go to the branch locator section. Then search for Sangakheda Kalan or Hoshangabad to find the exact IFSC Code IDFB0041109.
Mobile Banking App
If you use Idfc First Bank Ltd's mobile app, you can 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. Searching for Idfc First Bank Ltd and Hoshangabad will provide accurate information.
How to Use IFSC Code IDFB0041109 for Online Transfers?
Once you have the IFSC Code IDFB0041109 for the Sangakheda Kalan branch of Idfc First Bank Ltd in Hoshangabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0041109. The transfer is completed in batches instead of instantly. It is useful for both 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 IDFB0041109.
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 Sangakheda Kalan in Hoshangabad, your payment can get delayed or might not go through at all.
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 Sangakheda Kalan, 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 Hoshangabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sangakheda Kalan Hoshangabad branch is IDFB0041109.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor , Vill. Sangakheda Kalan, Thehsil Babai Bada Kuan, Toll Free No 1800 419 8332.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.