This page lists the IFSC code, branch address, contact number and fund-transfer information for IDFC First Bank Limited, KHANDWA BRANCH branch in KHANDWA. The 11-digit IFSC IDFB0041302 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 KHANDWA 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 – KHANDWA BRANCH is IDFB0041302. The first four letters IDFB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 041302 map to this branch in KHANDWA, MADHYA PRADESH.
Branch details at a glance
| Bank Name | IDFC First Bank Limited |
|---|---|
| Branch | Khandwa Branch |
| IFSC Code | IDFB0041302 |
| MICR Code | Refer to cheque leaf |
| Branch Address | UNIT NO. 1 2 19 20 21 & 22 UPPER GROUND FLOOR LANDMARK ONE MALL WARD NO.26 PLOT. NO.104 & 105 PANDHANA ROAD KHANDWA MADHYA PRADESH450001, TOLL FREE NO 1800 419 8332 |
| City | Khandwa |
| District | Khandwa |
| State | Madhya Pradesh |
| STD Code | 0 |
| Phone | 0 |
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 Khandwa Branch branch in Khandwa, Madhya Pradesh is part of this network and uses the IFSC code IDFB0041302 for all electronic settlement.
About the Khandwa Branch branch
The Khandwa Branch branch of IDFC First Bank Limited is situated at UNIT NO. 1 2 19 20 21 & 22 UPPER GROUND FLOOR LANDMARK ONE MALL WARD NO.26 PLOT. NO.104 & 105 PANDHANA ROAD KHANDWA MADHYA PRADESH450001, TOLL FREE NO 1800 419 8332. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IDFB0041302 is used.
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 KHANDWA BRANCH of IDFC First Bank Limited — its own 11-character IFSC. The code IDFB0041302 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 IDFB0041302 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 IDFB0041302
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 IDFB0041302 across all three.
NEFT to IDFC First Bank Limited, KHANDWA BRANCH using IFSC IDFB0041302
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IDFB0041302, and confirm that the system picks up IDFC First Bank Limited – KHANDWA BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC IDFB0041302
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 – KHANDWA BRANCH, ensure your bank's portal accepts IFSC IDFB0041302 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to IDFC First Bank Limited – KHANDWA BRANCH, use IMPS. With IFSC IDFB0041302 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IDFB0041302 for IDFC First Bank Limited – KHANDWA BRANCH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IDFB0041302 | Yes – IDFB0041302 | Yes – IDFB0041302 |
For most retail customers crediting the Khandwa Branch branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC IDFB0041302
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at IDFC First Bank Limited – KHANDWA BRANCH is still mapped to IFSC IDFB0041302. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IDFB0041302 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Khandwa Branch branch is mapped to IFSC IDFB0041302 on the RBI payments network. The branch generally supports the full retail product catalogue of IDFC First Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IDFB0041302.
Banking services available
The Khandwa Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 0.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IDFB0041302
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by IDFC First Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IDFB0041302 and the account number together uniquely identify the Khandwa Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC IDFB0041302
IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the KHANDWA BRANCH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IDFB0041302 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
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 – KHANDWA BRANCH:
- The IFSC is exactly IDFB0041302 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 KHANDWA 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.
Reaching the branch
The Khandwa Branch branch sits at UNIT NO. 1 2 19 20 21 & 22 UPPER GROUND FLOOR LANDMARK ONE MALL WARD NO.26 PLOT. NO.104 & 105 PANDHANA ROAD KHANDWA MADHYA PRADESH450001, TOLL FREE NO 1800 419 8332. If you are travelling from outside Khandwa, search for the branch on a maps application using the bank name and locality, or call 0 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IDFB0041302 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC IDFB0041302 for IDFC First Bank Limited – KHANDWA 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 Khandwa Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IDFB0041302, however, work 24x7.
Branch address & contact
IDFC First Bank LimitedKhandwa Branch Branch
UNIT NO. 1 2 19 20 21 & 22 UPPER GROUND FLOOR LANDMARK ONE MALL WARD NO.26 PLOT. NO.104 & 105 PANDHANA ROAD KHANDWA MADHYA PRADESH450001, TOLL FREE NO 1800 419 8332
Khandwa, Madhya Pradesh
Phone: 0
IFSC: IDFB0041302
Frequently asked questions
Is IFSC IDFB0041302 the same for all accounts at Khandwa Branch branch?
Yes. The IFSC IDFB0041302 is shared by every account held at IDFC First Bank Limited's Khandwa Branch branch. Only the account number changes from customer to customer.
Where is IDFC First Bank Limited Khandwa Branch branch located?
IDFC First Bank Limited's Khandwa Branch branch is located at UNIT NO. 1 2 19 20 21 & 22 UPPER GROUND FLOOR LANDMARK ONE MALL WARD NO.26 PLOT. NO.104 & 105 PANDHANA ROAD KHANDWA MADHYA PRADESH450001, TOLL FREE NO 1800 419 8332, Khandwa, Madhya Pradesh.
What is the phone number of IDFC First Bank Limited Khandwa Branch branch?
You can reach the branch at 0 during regular banking hours.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Khandwa Branch branch but serve different purposes.
How do I add IDFC First Bank Limited Khandwa Branch as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDFB0041302, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using IDFB0041302 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDFC First Bank Limited – Khandwa Branch reflect within 30 minutes.
What is the IFSC code of IDFC First Bank Limited Khandwa Branch branch?
The IFSC code of IDFC First Bank Limited, Khandwa Branch branch is IDFB0041302. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IDFB0041302 is the IFSC code of IDFC First Bank Limited, KHANDWA BRANCH branch, in KHANDWA, MADHYA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
