For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Hdfc Bank for its Borivili East branch in Greater Mumbai, Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Hdfc Bank located in Greater Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0001106. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Hdfc Bank, Borivili East, Greater Mumbai
Below in the table are the key details related to IFSC Code HDFC0001106 of Hdfc Bank for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001106 |
| Branch | Borivili East |
| City | Greater Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Daval Court Building,Datta Pada Road, Near Welcome Hotelborivili East |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Greater Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0001106 for the Borivili East 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, including Hdfc Bank located in Borivili East, Greater Mumbai, Maharashtra, is provided with a unique IFSC like HDFC0001106 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Greater Mumbai.
- 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 Greater Mumbai and Mumbai.
- 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 Borivili East do not get mixed with another location.
Format of the IFSC Code HDFC0001106
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 Borivili East in Greater Mumbai.
For example, the IFSC Code HDFC0001106 of Hdfc Bank for the Borivili East branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra accurately.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0001106 of Hdfc Bank for its Borivili East branch located in Greater Mumbai, the following methods can help:
Cheque Book
The cheque book issued by Hdfc Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Hdfc Bank branches in Greater Mumbai and Mumbai, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Hdfc Bank and navigate to the branch locator section. Search for Borivili East or Greater Mumbai to get the exact IFSC Code HDFC0001106.
Mobile Banking App
If you use Hdfc Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Hdfc Bank and Greater Mumbai, you'll get the correct details.
How to Use IFSC Code HDFC0001106 for Online Transfers?
Once you have the IFSC Code HDFC0001106 for the Borivili East branch of Hdfc Bank in Greater Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0001106. 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 HDFC0001106.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Borivili East in Greater Mumbai, 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 Borivili East, 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 Greater Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001106.
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 Daval Court Building,Datta Pada Road, Near Welcome Hotelborivili East located in Greater Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.