IFSC Code, MICR Codes for HDFC BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - KOTI

HDFC BANK RTGS HO Branch in HYDERABAD - Address, IFSC, MICR Code


IFSC Code

HDFC0001997

MICR Code

500240042

Branch

KOTI

Contact

9949493333

Address

KOTI NO.5-1-680 TK HOUSE GROUND FLOOR BANK STREET MAIN ROAD KOTI HYDERABAD ANDHRA PRADESH

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of HDFC BANK situated at KOTI- RTGS-HO?
IFSC Code of HDFC BANK situated at KOTI - RTGS-HO is

HDFC0001997

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.