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IFSC Code of Hdfc Bank, Phool Bagh, Gwalior, Madhya Pradesh — HDFC0006578

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 Phool Bagh branch in Gwalior, Gwalior, Madhya Pradesh, 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 Gwalior or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code HDFC0006578. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Hdfc Bank, Phool Bagh, Gwalior

Here are some of the key details that come with the IFSC Code HDFC0006578 of Hdfc Bank for its branch located in Gwalior, within the district of Gwalior in the state of Madhya Pradesh.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0006578
Branch Phool Bagh
City Gwalior
District Gwalior
State Madhya Pradesh
Address Grd Floor Shop No 1 Nanda Giri Tower Kherapati Road Gwalior Madhya Pradesh 474002

These details are important not only for users using online banking but also for businesses and individuals who use Hdfc Bank in Gwalior for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HDFC0006578 for the Phool Bagh branch of Hdfc Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like HDFC0006578 is given to every bank branch, including Hdfc Bank located in Phool Bagh, Gwalior, Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Hdfc Bank branch in Gwalior.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Gwalior and Gwalior.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Hdfc Bank in Phool Bagh doesn't end up at another location.

Format of the IFSC Code HDFC0006578

The format of the IFSC Code for banks, including Hdfc Bank, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Hdfc Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Phool Bagh in Gwalior.

For example, the IFSC Code HDFC0006578 of Hdfc Bank for the Phool Bagh branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh correctly.

How to Find IFSC Code for Hdfc Bank?

If you are looking for the IFSC Code HDFC0006578 of Hdfc Bank for its Phool Bagh branch located in Gwalior, the following methods can help:

Cheque Book

The cheque book that is issued by Hdfc Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Hdfc Bank branches in Gwalior and Gwalior, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Hdfc Bank and look for the branch locator section, then search for Phool Bagh or Gwalior to get the exact IFSC Code HDFC0006578.

Mobile Banking App

If you use Hdfc Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Hdfc Bank and Gwalior, then it will provide you proper information.

How to Use IFSC Code HDFC0006578 for Online Transfers?

Once you have the IFSC Code HDFC0006578 for the Phool Bagh branch of Hdfc Bank in Gwalior, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code HDFC0006578. Transfers are processed in batches. This is 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. Requires the recipient's account details and Hdfc Bank IFSC Code HDFC0006578.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Hdfc Bank Phool Bagh in Gwalior 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 Phool Bagh, 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 Gwalior to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank Phool Bagh Gwalior?

The IFSC Code of the Phool Bagh Gwalior branch is HDFC0006578.

Is IFSC Code HDFC0006578 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Hdfc Bank Phool Bagh branch?

The branch is located at Grd Floor Shop No 1 Nanda Giri Tower Kherapati Road Gwalior Madhya Pradesh 474002.

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.

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