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 Kannod Np branch in Dewas, Kannod, Madhya Pradesh, 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 Dewas or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code HDFC0007403. 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, Kannod Np, Dewas

Here are the main details that are associated with the IFSC Code HDFC0007403 of Hdfc Bank for its branch located in Dewas, within the district of Kannod in the state of Madhya Pradesh.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0007403
Branch Kannod Np
City Dewas
District Kannod
State Madhya Pradesh
Address Ward No 14 Satwas Road Chatribagh Kannod Madhya Pradesh 455332

These details are essential not only for online banking users but also for businesses and individuals who use Hdfc Bank in Dewas for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0007403 for the Kannod Np 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 Kannod Np, Dewas, Madhya Pradesh, is provided a unique IFSC like HDFC0007403 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Hdfc Bank branch in Dewas.
  • 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 Dewas and Kannod.
  • 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Hdfc Bank in Kannod Np do not get misguided to another person.

Format of the IFSC Code HDFC0007403

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 Kannod Np in Dewas.

For example, the IFSC Code HDFC0007403 of Hdfc Bank for the Kannod Np branch has these elements, identifying the bank and the branch location in Dewas and Madhya Pradesh correctly.

How to Find IFSC Code for Hdfc Bank?

If you are trying to find the IFSC Code HDFC0007403 of Hdfc Bank for its Kannod Np branch located in Dewas, 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 Dewas and Kannod, 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 Kannod Np or Dewas to get the exact IFSC Code HDFC0007403.

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 Dewas that will provide accurate information.

How to Use IFSC Code HDFC0007403 for Online Transfers?

If you have the IFSC Code HDFC0007403 for the Kannod Np branch of Hdfc Bank in Dewas, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code HDFC0007403. 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 HDFC0007403.

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 Kannod Np in Dewas, 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 Kannod Np, 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 Dewas to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank in Kannod Np, Dewas?

The IFSC Code is HDFC0007403.

Is the IFSC Code HDFC0007403 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Hdfc Bank Kannod Np?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Kannod Np branch?

The address of the branch is Ward No 14 Satwas Road Chatribagh Kannod Madhya Pradesh 455332 located in Dewas, Kannod, Madhya Pradesh.

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.