IFSC Code of IDFC First Bank Limited, Akodia Branch Branch, Madhya Pradesh

This page lists the IFSC code, branch address, contact number and fund-transfer information for IDFC First Bank Limited, AKODIA BRANCH branch in AKODIA. The 11-digit IFSC IDFB0042721 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with IDFC First Bank Limited at the AKODIA BRANCH location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for IDFC First Bank Limited – AKODIA BRANCH is IDFB0042721. The first four letters IDFB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 042721 map to this branch in AKODIA, MADHYA PRADESH.

Branch details at a glance

About the bank

IDFC First Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Akodia Branch branch in Akodia, Madhya Pradesh is part of this network and uses the IFSC code IDFB0042721 for all electronic settlement.

Akodia Branch branch overview

Located at GROUND FLOOR, HOUSE 62, WARD NO 11, DHARMASHALA ROAD, AKODIA MANDI, AKODIA, DISTT SHAJAPUR, MADHYA PRADESH 465223, TOLL FREE NUMBER 18004194332, the Akodia Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IDFB0042721 is required for all interbank electronic transfers routed through this branch.

Why every IDFC First Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including AKODIA BRANCH of IDFC First Bank Limited — its own 11-character IFSC. The code IDFB0042721 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IDFB0042721 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC IDFB0042721

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IDFB0042721 across all three.

How to use IFSC IDFB0042721 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDFC First Bank Limited's AKODIA BRANCH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC IDFB0042721.
4. Confirm the bank name auto-populates as IDFC First Bank Limited and the branch as AKODIA BRANCH.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC IDFB0042721

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to IDFC First Bank Limited – AKODIA BRANCH, ensure your bank's portal accepts IFSC IDFB0042721 while registering the beneficiary. RTGS is also available 24x7.

IMPS to IDFC First Bank Limited AKODIA BRANCH (IFSC IDFB0042721)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0042721 in your mobile or internet banking app, and the money is credited to the AKODIA BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Akodia Branch

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IDFB0042721:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at AKODIA BRANCH is still linked to IFSC IDFB0042721.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at IDFC First Bank Limited's AKODIA BRANCH branch, the IFSC IDFB0042721 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Akodia Branch branch

Once you have an account at IDFC First Bank Limited – AKODIA BRANCH, the IFSC IDFB0042721 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Akodia Branch branch can access most of IDFC First Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC IDFB0042721

MICR & cheque-truncation details

Cheques drawn on the Akodia Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0042721 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Akodia Branch branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IDFB0042721 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to IDFC First Bank Limited – AKODIA BRANCH:

• The IFSC is exactly IDFB0042721 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills IDFC First Bank Limited as the bank name and AKODIA BRANCH as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Akodia Branch branch

The branch is located at GROUND FLOOR, HOUSE 62, WARD NO 11, DHARMASHALA ROAD, AKODIA MANDI, AKODIA, DISTT SHAJAPUR, MADHYA PRADESH 465223, TOLL FREE NUMBER 18004194332, which puts it inside Akodia, the broader Shajapur district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “IDFC First Bank Limited Akodia Branch branch” — the verified location pin for IFSC IDFB0042721 should appear at the top of the results.
2. Confirm the branch is open by calling 0 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IDFB0042721 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IDFB0042721 for IDFC First Bank Limited – AKODIA BRANCH, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Akodia Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDFB0042721, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IDFB0042721 belongs to IDFC First Bank Limited's AKODIA BRANCH branch, located at GROUND FLOOR, HOUSE 62, WARD NO 11, DHARMASHALA ROAD, AKODIA MANDI, AKODIA,… in AKODIA, MADHYA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.