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 Pipariya Branch branch in Pipariya, Pipariya, 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 Pipariya or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code IDFB0041102. 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, Pipariya Branch, Pipariya
Here are the main details that are associated with the IFSC Code IDFB0041102 of Idfc First Bank Ltd for its branch located in Pipariya, within the district of Pipariya in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Idfc First Bank Ltd |
| IFSC Code | IDFB0041102 |
| Branch | Pipariya Branch |
| City | Pipariya |
| District | Pipariya |
| State | Madhya Pradesh |
| Address | Ground Floor,Kharsa No.29/1,Plot No.5,Radha Krishana Ward,Sandhya Road,Pipariya Madhya Pradesh-461775 |
These details are important not only for users using online banking but also for businesses and individuals who use Idfc First Bank Ltd in Pipariya for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IDFB0041102 for the Pipariya Branch branch of Idfc First Bank Ltd is vital.
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 IDFB0041102 is given to every bank branch, including Idfc First Bank Ltd located in Pipariya Branch, Pipariya, 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 Pipariya.
- 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 Pipariya and Pipariya.
- 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 Pipariya Branch doesn't end up at another location.
Format of the IFSC Code IDFB0041102
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 Pipariya Branch in Pipariya.
For example, the IFSC Code IDFB0041102 of Idfc First Bank Ltd for the Pipariya Branch branch includes these elements, identifying the bank and the branch location in Pipariya and Madhya Pradesh accurately.
How to Find IFSC Code for Idfc First Bank Ltd?
If you are trying to find the IFSC Code IDFB0041102 of Idfc First Bank Ltd for its Pipariya Branch branch located in Pipariya, 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
You can easily find the IFSC and MICR codes because most banks, including Idfc First Bank Ltd branches in Pipariya and Pipariya, print them 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 Pipariya Branch or Pipariya to get the exact IFSC Code IDFB0041102.
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 Pipariya, you'll get the correct details.
How to Use IFSC Code IDFB0041102 for Online Transfers?
Once you have the IFSC Code IDFB0041102 for the Pipariya Branch branch of Idfc First Bank Ltd in Pipariya, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IDFB0041102. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idfc First Bank Ltd IFSC Code IDFB0041102.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idfc First Bank Ltd Pipariya Branch in Pipariya, it can result in delayed or failed transactions.
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 Pipariya 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 Pipariya manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Pipariya Branch Pipariya branch is IDFB0041102.
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,Kharsa No.29/1,Plot No.5,Radha Krishana Ward,Sandhya Road,Pipariya Madhya Pradesh-461775.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.