Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Hdfc Bank for its Manjlegaon branch in Bid, Manjlegaon, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Hdfc Bank located in Bid or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0002983. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Hdfc Bank, Manjlegaon, Bid

Here are the main details that are associated with the IFSC Code HDFC0002983 of Hdfc Bank for its branch located in Bid, within the district of Manjlegaon in the state of Maharashtra.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0002983
Branch Manjlegaon
City Bid
District Manjlegaon
State Maharashtra
Address Hdfc Bank Ltd.,Shop No.24-24 And 25 Upper Grnd Floor,Siddheshwar Complex,Beed Road, Majalgaon Bid Maharashtra 431131

These details help users in online banking and for businesses and individuals who use Hdfc Bank in Bid for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0002983 for the Manjlegaon 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 Manjlegaon, Bid, Maharashtra, is provided with a unique IFSC like HDFC0002983 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Hdfc Bank branch in Bid.
  • 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 Bid and Manjlegaon.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Hdfc Bank in Manjlegaon do not get mixed with another location.

Format of the IFSC Code HDFC0002983

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 Manjlegaon in Bid.

For example, the IFSC Code HDFC0002983 of Hdfc Bank for the Manjlegaon branch has these elements, identifying the bank and the branch location in Bid and Maharashtra correctly.

How to Find IFSC Code for Hdfc Bank?

If you are trying to find the IFSC Code HDFC0002983 of Hdfc Bank for its Manjlegaon branch located in Bid, 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 Bid and Manjlegaon, 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 Manjlegaon or Bid to get the exact IFSC Code HDFC0002983.

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 Bid that will provide accurate information.

How to Use IFSC Code HDFC0002983 for Online Transfers?

Once you have the IFSC Code HDFC0002983 for the Manjlegaon branch of Hdfc Bank in Bid, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code HDFC0002983. 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 HDFC0002983.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Manjlegaon in Bid, 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 Manjlegaon, 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 Bid manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank in Manjlegaon, Bid?

The IFSC Code is HDFC0002983.

Is the IFSC Code HDFC0002983 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 Manjlegaon?

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 Manjlegaon branch?

The address of the branch is Hdfc Bank Ltd.,Shop No.24-24 And 25 Upper Grnd Floor,Siddheshwar Complex,Beed Road, Majalgaon Bid Maharashtra 431131 located in Bid, Manjlegaon, Maharashtra.

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.