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 Payyannur branch in Cannur, Payyannur, Kerala, 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 Cannur or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code HDFC0001523. 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, Payyannur, Cannur
Here are the main details that are associated with the IFSC Code HDFC0001523 of Hdfc Bank for its branch located in Cannur, within the district of Payyannur in the state of Kerala.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001523 |
| Branch | Payyannur |
| City | Cannur |
| District | Payyannur |
| State | Kerala |
| Address | Payyannur Trade Centre, New Bus Stand |
These details are essential not only for online banking users but also for businesses and individuals who use Hdfc Bank in Cannur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0001523 for the Payyannur branch of Hdfc Bank plays an 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, along with Hdfc Bank located in Payyannur, Cannur, Kerala, are given a unique IFSC like HDFC0001523 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Cannur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Cannur and Payyannur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Hdfc Bank in Payyannur goes to the correct branch. This is important because Hdfc Bank has thousands of branches in Kerala and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code HDFC0001523
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 Payyannur in Cannur.
For example, the IFSC Code HDFC0001523 of Hdfc Bank for the Payyannur branch has these elements, identifying the bank and the branch location in Cannur and Kerala correctly.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0001523 of Hdfc Bank for its Payyannur branch located in Cannur, 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 Cannur and Payyannur, 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 Payyannur or Cannur to get the exact IFSC Code HDFC0001523.
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 Cannur that will provide accurate information.
How to Use IFSC Code HDFC0001523 for Online Transfers?
Once you have the IFSC Code HDFC0001523 for the Payyannur branch of Hdfc Bank in Cannur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0001523. 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 HDFC0001523.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Payyannur in Cannur, your payment can get delayed or might not go through at all.
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 Payyannur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Cannur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001523.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Payyannur Trade Centre, New Bus Stand located in Cannur, Payyannur, Kerala.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.