IFSC Code, MICR Codes for HDFC BANK in CHANDIGARH - RAIPUR - BALODA BAZAR - BALODA BAZAR

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


IFSC Code

HDFC0001656

MICR Code

493240501

Branch

BALODA BAZAR

Contact

9893603333

Address

SUKH SAGAR BHAVAN GROUND FLOOR OPP.CORPORATION BANK BHATAPARA ROAD

City

BALODA BAZAR

District

RAIPUR

State

CHANDIGARH





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

HDFC0001656

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.