IFSC Code, MICR Codes for HDFC BANK in MADHYA PRADESH - INDORE - INDORE - COMMERCE HOUSE

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


IFSC Code

HDFC0001240

MICR Code

452240005

Branch

COMMERCE HOUSE

Contact

9893603333

Address

UPPER GRD. FLR COMMERCE HOUSE 7 RACE COURSE ROAD

City

INDORE

District

INDORE

State

MADHYA PRADESH





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

HDFC0001240

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.