This page lists the IFSC code, branch address, contact number and fund-transfer information for IDFC First Bank Limited, RATLAM BRANCH branch in RATLAM. The 11-digit IFSC IDFB0042201 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 RATLAM 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IDFB0042201 is the IFSC of IDFC First Bank Limited's RATLAM BRANCH branch. The format is fixed: IDFB = bank code, 0 = reserved, 042201 = branch identifier.
Bank profile
IDFC First Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Ratlam Branch branch — IFSC IDFB0042201 — extends the bank's services to customers in and around Ratlam, Madhya Pradesh.
About the Ratlam Branch branch
The Ratlam Branch branch of IDFC First Bank Limited is situated at GROUND FLOOR, 102 AND 103, , FREEGANJ, MOTILAL NEHRU MARG, , RATLAM, MADHYA PRADESH-457001, 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 IDFB0042201 is used.
Branch details at a glance
| Bank Name | IDFC First Bank Limited |
|---|---|
| Branch | Ratlam Branch |
| IFSC Code | IDFB0042201 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, 102 AND 103, , FREEGANJ, MOTILAL NEHRU MARG, , RATLAM, MADHYA PRADESH-457001, TOLL FREE NO 1800 419 8332 |
| City | Ratlam |
| District | Ratlam |
| State | Madhya Pradesh |
| STD Code | 0 |
| Phone | 0 |
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how IDFC First Bank Limited's RATLAM BRANCH branch came to be assigned the code IDFB0042201.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IDFB0042201, money simply cannot be routed to the RATLAM BRANCH branch electronically.
MICR & cheque-truncation details
Cheques drawn on the Ratlam Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IDFB0042201 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC IDFB0042201
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 IDFB0042201 across all three.
How to use IFSC IDFB0042201 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to IDFC First Bank Limited's RATLAM 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IDFB0042201.
- Confirm the bank name auto-populates as IDFC First Bank Limited and the branch as RATLAM BRANCH.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to RATLAM BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at IDFC First Bank Limited's RATLAM BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDFB0042201 while initiating the transfer and the credit will appear within minutes.
IMPS to IDFC First Bank Limited RATLAM BRANCH (IFSC IDFB0042201)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0042201 in your mobile or internet banking app, and the money is credited to the RATLAM BRANCH branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Ratlam 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 IDFB0042201:
- 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 RATLAM BRANCH is still linked to IFSC IDFB0042201.
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 RATLAM BRANCH branch, the IFSC IDFB0042201 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.
Products and account variants supported
Every account opened at the Ratlam Branch branch is mapped to IFSC IDFB0042201 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 IDFB0042201.
Products and services
Customers walking into the Ratlam 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 IDFB0042201
Online banking and IFSC IDFB0042201
IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the RATLAM 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 IDFB0042201 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.
How to reach the Ratlam Branch branch
The branch is located at GROUND FLOOR, 102 AND 103, , FREEGANJ, MOTILAL NEHRU MARG, , RATLAM, MADHYA PRADESH-457001, TOLL FREE NO 1800 419 8332, which puts it inside Ratlam, the broader Ratlam district, and the state of Madhya Pradesh. To plan your visit:
- Open Google Maps on your phone and search for “IDFC First Bank Limited Ratlam Branch branch” — the verified location pin for IFSC IDFB0042201 should appear at the top of the results.
- Confirm the branch is open by calling 0 before stepping out, especially around public holidays.
- 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 IDFB0042201 and your account number.
Common mistakes to avoid when using IFSC IDFB0042201
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to IDFC First Bank Limited – RATLAM BRANCH, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IDFB0042201. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Ratlam Branch are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IDFB0042201 continue to work without interruption.
Verifying IFSC IDFB0042201 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IDFB0042201 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 0.
- Visiting the bank's official branch locator page.
Branch address & contact
IDFC First Bank LimitedRatlam Branch Branch
GROUND FLOOR, 102 AND 103, , FREEGANJ, MOTILAL NEHRU MARG, , RATLAM, MADHYA PRADESH-457001, TOLL FREE NO 1800 419 8332
Ratlam, Madhya Pradesh
Phone: 0
IFSC: IDFB0042201
Frequently asked questions
Where is IDFC First Bank Limited Ratlam Branch branch located?
IDFC First Bank Limited's Ratlam Branch branch is located at GROUND FLOOR, 102 AND 103, , FREEGANJ, MOTILAL NEHRU MARG, , RATLAM, MADHYA PRADESH-457001, TOLL FREE NO 1800 419 8332, Ratlam, Madhya Pradesh.
Does IDFC First Bank Limited Ratlam Branch branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 0 to confirm.
Is IFSC IDFB0042201 the same for all accounts at Ratlam Branch branch?
Yes. The IFSC IDFB0042201 is shared by every account held at IDFC First Bank Limited's Ratlam Branch branch. Only the account number changes from customer to customer.
What is the IFSC code of IDFC First Bank Limited Ratlam Branch branch?
The IFSC code of IDFC First Bank Limited, Ratlam Branch branch is IDFB0042201. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Can I use IFSC IDFB0042201 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDFB0042201 to send funds instantly.
What is the phone number of IDFC First Bank Limited Ratlam 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 Ratlam Branch branch but serve different purposes.
How quickly will an NEFT transfer using IDFB0042201 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDFC First Bank Limited – Ratlam Branch reflect within 30 minutes.
Final notes
To recap: IDFB0042201 is the IFSC code of IDFC First Bank Limited, RATLAM BRANCH branch, in RATLAM, 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.
