IFSC code for HDFC Bank, Bagmane tech park, Bangalore urban, Karnataka
Updated on: Friday, November 1, 2024
IFSC CODE
HDFC0009286
HDFC Bank
Bagmane Tech Park, Bangalore, Karnataka
Address
1st Floor Virgo South Tower Bagmane Constellation Techpark Marathahalli Orr Dodenakundi Opp Soulspace Arena Bangalore Karnataka 560037
HDFC Bank
Bagmane Tech Park, Bangalore, Karnataka
Address
1st Floor Virgo South Tower Bagmane Constellation Techpark Marathahalli Orr Dodenakundi Opp Soulspace Arena Bangalore Karnataka 560037
Bank Details
IFSC Code
HDFC0009286
MICR Code
560240169
Bank Code
(Based on IFSC)
HDFC
Bank Code
(Based on MICR)
240
Contact
+918061606161
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IFSC Code of HDFC Bank
Every HDFC Bank branch in India has a unique HDFC Bank IFSC Code. HDFC Bank IFSC Code enables HDFC Bank account holders to send and receive money electronically. HDFC Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.
Benefits of IFSC Code
Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.
Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.
Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.
Format of HDFC Bank IFSC Code HDFC0009286
The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.
The first four letters of the code, i.e., HDFC, denotes the name of the bank which is HDFC Bank.
The fifth character is 0.
The last six digits of the code, i.e., 009286, represents the branch which is HDFC Bank
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MICR Code of HDFC Bank
Every HDFC Bank branch in India has a unique HDFC Bank MICR Code. MICR code for HDFC Bank can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of HDFC Bank. MICR code is used for faster and secure processing of cheques.
Benefits of MICR Code
High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.
Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.
Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.