IFSC Code, MICR Codes for HDFC BANK in PUNJAB - PATIALA - DERA BASSI - DERABASSI PUNJAB

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


IFSC Code

HDFC0001109

MICR Code

160240037

Branch

DERABASSI PUNJAB

Contact

9815331111

Address

PARAS BANK SQUARE CHD-AMBALA HIGHWAY DERABASSI PUNJAB

City

DERA BASSI

District

PATIALA

State

PUNJAB





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

HDFC0001109

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.