This page lists the IFSC code, branch address, contact number and fund-transfer information for IDFC First Bank Limited, SANWER branch in SANWER. The 11-digit IFSC IDFB0041241 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 SANWER 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 – SANWER is IDFB0041241. The first four letters IDFB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 041241 map to this branch in SANWER, MADHYA PRADESH.
About IDFC First Bank Limited
IDFC First Bank Limited operates a wide network of branches across India, including the Sanwer branch in Sanwer. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IDFB0041241.
About the Sanwer branch
The Sanwer branch of IDFC First Bank Limited is situated at GROUND AND FIRST FLOOR, M G ROAD,VILLAGE SANWER,TEHSIL-SONKUTCH,DIST. DEWAS, MADHYA PRADESH - 455118. 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 IDFB0041241 is used.
Branch details at a glance
| Bank Name | IDFC First Bank Limited |
|---|---|
| Branch | Sanwer |
| IFSC Code | IDFB0041241 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND AND FIRST FLOOR, M G ROAD,VILLAGE SANWER,TEHSIL-SONKUTCH,DIST. DEWAS, MADHYA PRADESH - 455118 |
| City | Sanwer |
| District | Dewas |
| State | Madhya Pradesh |
| STD Code | 0 |
| Phone | 0 |
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 SANWER of IDFC First Bank Limited — its own 11-character IFSC. The code IDFB0041241 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 IDFB0041241 the same way you would treat your account number — verify it once and save it carefully for future use.
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 IDFB0041241 and the account number together uniquely identify the Sanwer branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IDFB0041241
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 IDFB0041241 across all three.
NEFT to IDFC First Bank Limited, SANWER using IFSC IDFB0041241
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 IDFB0041241, and confirm that the system picks up IDFC First Bank Limited – SANWER. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SANWER
If you need to transfer ₹2 lakh or more in one go to an account at IDFC First Bank Limited's SANWER branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IDFB0041241 while initiating the transfer and the credit will appear within minutes.
IMPS to IDFC First Bank Limited SANWER (IFSC IDFB0041241)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IDFB0041241 in your mobile or internet banking app, and the money is credited to the SANWER branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Sanwer
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 IDFB0041241:
- 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 SANWER is still linked to IFSC IDFB0041241.
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 SANWER branch, the IFSC IDFB0041241 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 Sanwer branch
Once you have an account at IDFC First Bank Limited – SANWER, the IFSC IDFB0041241 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.
Banking services available
The Sanwer 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 IDFB0041241
Online banking and IFSC IDFB0041241
IDFC First Bank Limited customers can register for net banking and the bank's official mobile app once their account at the SANWER 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 IDFB0041241 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.
Reaching the branch
The Sanwer branch sits at GROUND AND FIRST FLOOR, M G ROAD,VILLAGE SANWER,TEHSIL-SONKUTCH,DIST. DEWAS, MADHYA PRADESH - 455118. If you are travelling from outside Sanwer, 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 IDFB0041241 and your account number.
Common mistakes to avoid when using IFSC IDFB0041241
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 – SANWER, 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:
IDFB0041241. - 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 Sanwer 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 IDFB0041241 continue to work without interruption.
Verifying IFSC IDFB0041241 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 IDFB0041241 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 LimitedSanwer Branch
GROUND AND FIRST FLOOR, M G ROAD,VILLAGE SANWER,TEHSIL-SONKUTCH,DIST. DEWAS, MADHYA PRADESH - 455118
Sanwer, Madhya Pradesh
Phone: 0
IFSC: IDFB0041241
Frequently asked questions
How do I add IDFC First Bank Limited Sanwer as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IDFB0041241, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC IDFB0041241 valid for NEFT and RTGS?
Yes. IFSC IDFB0041241 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is IDFC First Bank Limited Sanwer branch located?
IDFC First Bank Limited's Sanwer branch is located at GROUND AND FIRST FLOOR, M G ROAD,VILLAGE SANWER,TEHSIL-SONKUTCH,DIST. DEWAS, MADHYA PRADESH - 455118, Sanwer, Madhya Pradesh.
What is the phone number of IDFC First Bank Limited Sanwer branch?
You can reach the branch at 0 during regular banking hours.
Is IFSC IDFB0041241 the same for all accounts at Sanwer branch?
Yes. The IFSC IDFB0041241 is shared by every account held at IDFC First Bank Limited's Sanwer branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using IDFB0041241 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to IDFC First Bank Limited – Sanwer reflect within 30 minutes.
Can I use IFSC IDFB0041241 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IDFB0041241 to send funds instantly.
Summary
The IFSC code IDFB0041241 belongs to IDFC First Bank Limited's SANWER branch, located at GROUND AND FIRST FLOOR, M G ROAD,VILLAGE SANWER,TEHSIL-SONKUTCH,DIST. DEWAS,… in SANWER, 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.
