IFSC Code, MICR Codes for HDFC BANK in WEST BENGAL - KOLKATA - KOLKATA - INDIA EXCHANGE PLACE

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


IFSC Code

HDFC0001242

MICR Code

700240045

Branch

INDIA EXCHANGE PLACE

Contact

9831073333

Address

P/34INDIA EXCHANGE PLACESHAH HOUSE

City

KOLKATA

District

KOLKATA

State

WEST BENGAL





What is IFSC Code of HDFC BANK situated at INDIA EXCHANGE PLACE- RTGS-HO?
IFSC Code of HDFC BANK situated at INDIA EXCHANGE PLACE - RTGS-HO is

HDFC0001242

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.