IFSC Code, MICR Codes for HDFC BANK in GUJARAT - BANAS KANTHA - PALANPUR - BANASKANTHA MERCANTILE CO. BK. LTD

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


IFSC Code

HDFC0CTBMCB

MICR Code

385802001

Branch

BANASKANTHA MERCANTILE CO. BK. LTD

Contact

2260274

Address

OLD GUNJ ROAD PALANPUR - 385001

City

PALANPUR

District

BANAS KANTHA

State

GUJARAT





What is IFSC Code of HDFC BANK situated at BANASKANTHA MERCANTILE CO. BK. LTD- RTGS-HO?
IFSC Code of HDFC BANK situated at BANASKANTHA MERCANTILE CO. BK. LTD - RTGS-HO is

HDFC0CTBMCB

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.