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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Hdfc Bank for its Paradeep branch in Jagatsinghpur, Paradeep, or Odisha, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Hdfc Bank located in Jagatsinghpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code HDFC0001818. 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, Paradeep, Jagatsinghpur
The table below shows the main details of the IFSC Code HDFC0001818 for the Hdfc Bank branch in Jagatsinghpur, which falls under the Paradeep district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001818 |
| Branch | Paradeep |
| City | Jagatsinghpur |
| District | Paradeep |
| State | Odisha |
| Address | Hdfc Bank Ltd.C/O Hotel Parasar Buildingiffco Square,Atharbanki |
These details are important not only for users using online banking but also for businesses and individuals who use Hdfc Bank in Jagatsinghpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HDFC0001818 for the Paradeep 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 provided by the Reserve Bank of India. Every bank branch, along with Hdfc Bank located in Paradeep, Jagatsinghpur, Odisha, are allotted a unique IFSC like HDFC0001818 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagatsinghpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jagatsinghpur and Paradeep.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Hdfc Bank in Paradeep reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code HDFC0001818
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 Paradeep in Jagatsinghpur.
For example, the IFSC Code HDFC0001818 of Hdfc Bank for the Paradeep branch has these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha correctly.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0001818 of Hdfc Bank for its Paradeep branch located in Jagatsinghpur, 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
You can easily find the IFSC and MICR codes because most banks, including Hdfc Bank branches in Jagatsinghpur and Paradeep, print them 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 Paradeep or Jagatsinghpur to get the exact IFSC Code HDFC0001818.
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 Jagatsinghpur, you'll get the correct details.
How to Use IFSC Code HDFC0001818 for Online Transfers?
Once you have the IFSC Code HDFC0001818 for the Paradeep branch of Hdfc Bank in Jagatsinghpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HDFC0001818. 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 HDFC0001818.
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 Paradeep in Jagatsinghpur, it can 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 Paradeep, 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 Jagatsinghpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001818.
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 Hdfc Bank Ltd.C/O Hotel Parasar Buildingiffco Square,Atharbanki located in Jagatsinghpur, Paradeep, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.