HDFC Bank IFSC Code is an 11-digit alphanumeric code assigned to each HDFC branch by the RBI (Reserve Bank of India). This code helps in making successful electronic transfer of funds from one bank account to another. Some of the unique features of HDFC IFSC Code are listed below –
- Helps to uniquely identify a specific HDFC Bank's branch
- Helps to reduce errors in the online fund transfer process
- Used for all electronic payment options such as NEFT, RTGS, and IMPS
What is the format of the HDFC IFSC Code?
|HDFC Bank Code||ZERO||HDFC Bank’s Branch Code|
The first four alphabets of HDFC Bank IFSC code indicates the bank name followed by a ‘0’ and the last 6 digits indicate the bank branch.
In the above example, HDFC0003208 is the IFSC Code of HDFC Bank's Old Goa branch, where ‘HDFC’ is the bank code followed by a ‘0’ and ‘003208’ indicates the Old Goa branch of HDFC Bank
Some more examples of HDFC IFSC Code -
HDFC0000754 is the IFSC Code of Tezpur Branch of HDFC Bank
HDC0009149 is the IFSC Code of Aizawl Branch of HDFC Bank
HDFC0002756 is the IFSC Code of Hilsa Branch of HDFC Bank
Why do we need the HDFC IFSC Code?
HDFC IFSC code enables the convenient and hassle-free transfer of funds from one bank account to another. The use of IFSC Code is mandatory in facilitating all the electronic or online transfer of funds via NEFT, RTGS or IMPS.
Moreover, the HDFC IFSC code is used by the RBI to keep a regular track of all the banking transactions, thereby minimising the possible chances of any discrepancy in the fund transfer process.
How to transfer money using HDFC IFSC Code?
Accountholders can make fund transfer using the HDFC IFSC Code by following modes:
HDFC Bank Fund Transfer by NEFT
Under National Electronic Funds Transfer (NEFT), fund transfer settles in half-hourly batches. In order to carry out fund transactions through NEFT, the sender has to provide the beneficiary’s name, IFSC code of the beneficiary HDFC Bank branch, account type, and account number.
HDFC Bank Fund Transfer by RTGS
Fund transfers through the Real Time Gross Settlement (RTGS) system occur on a real-time basis. In order to carry out fund transfer, the sender needs to provide details including the name of the payee, account number, IFSC code of the beneficiary’s bank branch, and the amount.
HDFC Bank Fund Transfer by IMPS
Immediate Payment Services (IMPS) is a real-time instant inter-bank fund transfer system. In order to send money, the sender needs to provide beneficiary’s account number, account type, HDFC Bank IFSC Code and beneficiary’s name.
How to search for HDFC IFSC Code?
IFSC Search Tool by Paisabazaar
Users can find IFSC code for HDFC using Paisabazaar’s IFSC code finder tool. Any user can visit Paisabazaar.com and follow the steps mentioned below to check the HDFC IFSC code:
- Visit the IFSC Code Locator
- Enter HDFC in the bank name dropdown
- Enter the name of the state and the city
- Select the required bank branch of HDFC
- HDFC IFSC code will be displayed
Alternatively, users can also visit the RBI’s official website to find the IFSC code of HDFC.
Where to find HDFC IFSC Code?
HDFC Bank customers can find their branch's IFSC Code on any of the following platforms -
The IFSC code of the respective branch is mentioned in the chequebook of the account holder. IFSC code is mentioned at the top of the cheque whereas cheque number and MICR code are placed at the bottom of the cheque.
HDFC IFSC code can also be found on the front page of the passbook.
Netbanking / Mobile Banking
One can search for the HDFC IFSC code using the digital banking platforms provided by the bank such as mobile banking app, net banking portal, etc. The account holder can just log in using the user ID and the password and check his branch’s IFSC code.
What is the HDFC MICR Code?
HDFC MICR Code is a 9-digit numerical code used in the faster processing or clearing of cheques. The first 4 digits of the MICR Code signify the city code, middle 3 indicate the bank code and the last 3 represents the branch code.
|HDFC Branch||MICR Code||IFSC Code|
|Gadwal, Andhra Pradesh||509240352||HDFC0001633|
Where to find HDFC Bank MICR Code?
One can find out the HDFC Bank MICR Code on the following platforms:
- IFSC Search Tool by Paisabazaar
- HDFC Bank Cheque Book
- RBI Website
- HDFC Mobile Banking App and Netbanking Account
What is the HDFC Swift Code?
HDFC Swift Code or Swift number is an internationally recognized identification code used for international wire transfers around the world. The code comprises of 8 or 11 alphanumeric characters which are required to carry out overseas fund transfer. The Swift code of every HDFC Bank branch is unique.
How to find HDFC Swift Code?
One needs to get in touch with the HDFC Customer care department to get the Swift Code else one can get the Swift Code in his/her HDFC bank account statement.
Difference between HDFC IFSC Vs MICR Vs SWIFT Code
|HDFC IFSC CODE||HDFC MICR CODE||HDFC SWIFT CODE|
|IFSC Code refers to the Indian Financial System Code||MICR Code refers to Magnetic Ink Character Recognition||SWIFT Code refers to Society for Worldwide Interbank Financial Telecommunication|
|It is an 11-digit alphanumeric code||It is a 9-digit numeric code||Swift code consists of 8 to 11 characters|
|Used for online fund transfer via NEFT, RTGS and IMPS||Used in faster processing or clearing of cheques||Used to facilitate international credit transfer between two banks|
|The first 4 characters indicate bank code, 5th character is always zero and the last 6 characters indicate the bank code||First 4 digits indicate the city code, middle 3 characters indicate the bank code and the last represent the branch code||First 4 characters indicate the bank code, next 2 represent country code, 5th & 6th character represent location code, last 3 are optional that represent branch code|
How to locate the nearest HDFC branch from IFSC Code?
The 11 character HDFC IFSC code is a combination of 3 essential components:
- The first 4 characters represent the bank code
- The 5th character is a ‘0’
- The remaining 6 characters signify a specific HDFC branch
Hence from the last 6 characters, one can locate HDFC branch
How to search HDFC IFSC Code by account number?
Account holders can’t do HDFC IFSC code search by account number as of now. Accountholders can check their IFSC code of HDFC Bank branch by logging to HDFC net banking portal or HDFC mobile banking app.
Does HDFC Credit Card have IFSC Code?
No, a credit or a debit card don't contain any kind of IFSC Code. IFSC Code is a fund transfer code used by various fund transfer systems like NEFT, RTGS or IMPS.
What is the HDFC CIF Number?
HDFC CIF (Customer Information File Number), is a unique number that holds all the personal and account-related information of a customer. The CIF Number is used by the banks to view accounts of their customers and get vital information like loans, demat accounts, etc. and KYC details including address and identity.
What is HDFC BSR Code?
HDFC BSR Code refers to the Basic Statistical Return Code, is an eleven digit code given by the Reserve Bank of India. The first three digits of HDFC BSR Code identify the bank and the following four digits represents the branch.
This code is mainly used for filing Tax Deduction at Source (TDS) and Tax Collected at Source (TCS) returns. This code help banks to keep a clear record of every online payment done towards tax, which is all made available to the Income Tax Department by the banks.