There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idfc First Bank Ltd for its Jabalpur Branch branch in Jabalpur, Jabalpur, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Idfc First Bank Ltd situated in Jabalpur or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code IDFB0042948. You should 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, Jabalpur Branch, Jabalpur
Here are the key points that are associated with the IFSC Code IDFB0042948 of Idfc First Bank Ltd for its branch located in Jabalpur, within the district of Jabalpur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0042948 |
| Branch | Jabalpur Branch |
| City | Jabalpur |
| District | Jabalpur |
| State | Madhya Pradesh |
| Address | Ground Floor,Mc Plot 19,1248,Wright Town Extension,Next To Satya Ashoka,Main Road,Jabalpur,Madhya Pradesh-482002,Toll Free No-18602582000 |
These details are essential not only for online banking users but also for businesses and individuals who use Idfc First Bank Ltd in Jabalpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IDFB0042948 for the Jabalpur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Idfc First Bank Ltd located in Jabalpur Branch, Jabalpur, Madhya Pradesh, are allotted a unique IFSC like IDFB0042948 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jabalpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jabalpur and Jabalpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Idfc First Bank Ltd in Jabalpur Branch reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code IDFB0042948
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 Jabalpur Branch in Jabalpur.
For example, the IFSC Code IDFB0042948 of Idfc First Bank Ltd for the Jabalpur Branch branch includes these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0042948 of Idfc First Bank Ltd for its Jabalpur Branch branch located in Jabalpur, the following methods can help:
Cheque Book
The cheque book issued by Idfc First Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Idfc First Bank Ltd branches in Jabalpur and Jabalpur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Idfc First Bank Ltd and navigate to the branch locator section. Search for Jabalpur Branch or Jabalpur to get the exact IFSC Code IDFB0042948.
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 keeps an updated list of all IFSC codes. If you search for Idfc First Bank Ltd and Jabalpur, you'll get the correct details.
How to Use IFSC Code IDFB0042948 for Online Transfers?
Once you have the IFSC Code IDFB0042948 for the Jabalpur Branch branch of Idfc First Bank Ltd in Jabalpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IDFB0042948. 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 IDFB0042948.
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 Jabalpur Branch in Jabalpur, your payment can get delayed or might not go through at all.
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 Jabalpur 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 Jabalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IDFB0042948.
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 Floor,Mc Plot 19,1248,Wright Town Extension,Next To Satya Ashoka,Main Road,Jabalpur,Madhya Pradesh-482002,Toll Free No-18602582000 located in Jabalpur, Jabalpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.