There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Hdfc Bank for its Kodenar Banking Outlet branch in Bastar, Kodenar, Chhattisgarh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Hdfc Bank situated in Bastar or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code HDFC0009420. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Hdfc Bank, Kodenar Banking Outlet, Bastar

Here are the key points that are associated with the IFSC Code HDFC0009420 of Hdfc Bank for its branch located in Bastar, within the district of Kodenar in the state of Chhattisgarh.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0009420
Branch Kodenar Banking Outlet
City Bastar
District Kodenar
State Chhattisgarh
Address Gram Panchyat Bhavan Kodenar Distt Dakshin Bastar Chhattisgarh 494449

These details are essential not only for online banking users but also for businesses and individuals who use Hdfc Bank in Bastar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0009420 for the Kodenar Banking Outlet branch of Hdfc Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Hdfc Bank located in Kodenar Banking Outlet, Bastar, Chhattisgarh, is provided a unique IFSC like HDFC0009420 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Hdfc Bank branch in Bastar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Bastar and Kodenar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for Hdfc Bank in Kodenar Banking Outlet do not get misguided to another person.

Format of the IFSC Code HDFC0009420

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Hdfc Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kodenar Banking Outlet in Bastar.

For example, the IFSC Code HDFC0009420 of Hdfc Bank for the Kodenar Banking Outlet branch has these elements, identifying the bank and the branch location in Bastar and Chhattisgarh correctly.

How to Find IFSC Code for Hdfc Bank?

If you are looking for the IFSC Code HDFC0009420 of Hdfc Bank for its Kodenar Banking Outlet branch located in Bastar, the following methods can help:

Cheque Book

The cheque book that is issued by Hdfc Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Hdfc Bank and look for the branch locator section, then search for Kodenar Banking Outlet or Bastar to get the exact IFSC Code HDFC0009420.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Hdfc Bank and Bastar, then it will provide you proper information.

How to Use IFSC Code HDFC0009420 for Online Transfers?

Once you have the IFSC Code HDFC0009420 for the Kodenar Banking Outlet branch of Hdfc Bank in Bastar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code HDFC0009420. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Hdfc Bank IFSC Code HDFC0009420.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Kodenar Banking Outlet in Bastar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Hdfc Bank in Kodenar Banking Outlet, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Bastar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank Kodenar Banking Outlet Bastar?

The IFSC Code of the Kodenar Banking Outlet Bastar branch is HDFC0009420.

Is IFSC Code HDFC0009420 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Hdfc Bank Kodenar Banking Outlet branch?

The branch is located at Gram Panchyat Bhavan Kodenar Distt Dakshin Bastar Chhattisgarh 494449.

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.