The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Hdfc Bank for its Moti Daman branch in Daman, Daman, Daman And Diu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Hdfc Bank located in Daman or anywhere in Daman And Diu can transfer funds instantly by using the correct IFSC Code HDFC0002847. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hdfc Bank, Moti Daman, Daman
Here are the main details that are associated with the IFSC Code HDFC0002847 of Hdfc Bank for its branch located in Daman, within the district of Daman in the state of Daman And Diu.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0002847 |
| Branch | Moti Daman |
| City | Daman |
| District | Daman |
| State | Daman And Diu |
| Address | Ground Floor, Nilkanth Appt, Near Football Ground, Moti Daman, Dist - Daman, Daman And Diu 396220 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Daman for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0002847 for the Moti Daman branch of Hdfc Bank has 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 Moti Daman, Daman, Daman And Diu, are given a unique IFSC like HDFC0002847 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Daman.
- 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 Daman and Daman.
- 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 Moti Daman goes to the correct branch. This is important because Hdfc Bank has thousands of branches in Daman And Diu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code HDFC0002847
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 Moti Daman in Daman.
For example, the IFSC Code HDFC0002847 of Hdfc Bank for the Moti Daman branch includes these elements, identifying the bank and the branch location in Daman and Daman And Diu accurately.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0002847 of Hdfc Bank for its Moti Daman branch located in Daman, 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 Daman and Daman, 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 Moti Daman or Daman to get the exact IFSC Code HDFC0002847.
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 Daman that will provide accurate information.
How to Use IFSC Code HDFC0002847 for Online Transfers?
Once you have the IFSC Code HDFC0002847 for the Moti Daman branch of Hdfc Bank in Daman, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HDFC0002847. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Hdfc Bank IFSC Code HDFC0002847.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Hdfc Bank Moti Daman in Daman, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Hdfc Bank in Moti Daman, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Hdfc Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Daman manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0002847.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Nilkanth Appt, Near Football Ground, Moti Daman, Dist - Daman, Daman And Diu 396220 located in Daman, Daman, Daman And Diu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.