For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Hdfc Bank for its Panagarh Branch branch in Barddhaman, Panagarh, West Bengal, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Hdfc Bank located in Barddhaman or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code HDFC0002512. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Hdfc Bank, Panagarh Branch, Barddhaman

Here are the key points that are associated with the IFSC Code HDFC0002512 of Hdfc Bank for its branch located in Barddhaman, within the district of Panagarh in the state of West Bengal.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0002512
Branch Panagarh Branch
City Barddhaman
District Panagarh
State West Bengal
Address Hdfc Bank Ltd. Panagarh Prayagpur,Panagarh Bazar,Barddhaman Panagarh West Bengal 713148

These details help users in online banking and for businesses and individuals who use Hdfc Bank in Barddhaman for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0002512 for the Panagarh Branch branch of Hdfc Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Hdfc Bank located in Panagarh Branch, Barddhaman, West Bengal, is provided with a unique IFSC like HDFC0002512 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Hdfc Bank branch in Barddhaman.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Barddhaman and Panagarh.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Hdfc Bank in Panagarh Branch do not get mixed with another location.

Format of the IFSC Code HDFC0002512

The format of the IFSC Code for banks, including Hdfc Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Hdfc Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Panagarh Branch in Barddhaman.

For example, the IFSC Code HDFC0002512 of Hdfc Bank for the Panagarh Branch branch includes these elements, identifying the bank and the branch location in Barddhaman and West Bengal accurately.

How to Find IFSC Code for Hdfc Bank?

If you are trying to find the IFSC Code HDFC0002512 of Hdfc Bank for its Panagarh Branch branch located in Barddhaman, the following methods can help:

Cheque Book

The cheque books that are issued by Hdfc Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Hdfc Bank branches in Barddhaman and Panagarh, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Hdfc Bank and find the branch locator section. Search for Panagarh Branch or Barddhaman to get the exact IFSC Code HDFC0002512.

Mobile Banking App

If you use Hdfc Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Hdfc Bank and Barddhaman that will provide accurate information.

How to Use IFSC Code HDFC0002512 for Online Transfers?

If you have the IFSC Code HDFC0002512 for the Panagarh Branch branch of Hdfc Bank in Barddhaman, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code HDFC0002512. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Hdfc Bank IFSC Code HDFC0002512.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Hdfc Bank Panagarh Branch in Barddhaman, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Hdfc Bank in Panagarh Branch, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Hdfc Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Barddhaman to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank in Panagarh Branch, Barddhaman?

The IFSC Code is HDFC0002512.

Is the IFSC Code HDFC0002512 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Hdfc Bank Panagarh Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panagarh Branch branch?

The address of the branch is Hdfc Bank Ltd. Panagarh Prayagpur,Panagarh Bazar,Barddhaman Panagarh West Bengal 713148 located in Barddhaman, Panagarh, West Bengal.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.