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 Damanjodi branch in Koraput, Damanjodi, Odisha, 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 Koraput or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code HDFC0001096. 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, Damanjodi, Koraput
Here are the main details that are associated with the IFSC Code HDFC0001096 of Hdfc Bank for its branch located in Koraput, within the district of Damanjodi in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001096 |
| Branch | Damanjodi |
| City | Koraput |
| District | Damanjodi |
| State | Odisha |
| Address | Nalcobiju Pattnaik Chowkdist - Koraput |
These details helps users in online banking and for businesses and individuals who use Hdfc Bank in Koraput for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0001096 for the Damanjodi branch of Hdfc Bank plays a vital 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 Damanjodi, Koraput, Odisha, is provided with a unique IFSC like HDFC0001096 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Koraput.
- 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 Koraput and Damanjodi.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Hdfc Bank in Damanjodi do not get mixed with another location.
Format of the IFSC Code HDFC0001096
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): 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 Damanjodi in Koraput.
For example, the IFSC Code HDFC0001096 of Hdfc Bank for the Damanjodi branch includes these elements, identifying the bank and the branch location in Koraput and Odisha accurately.
How to Find IFSC Code for Hdfc Bank?
To find the IFSC Code HDFC0001096 of Hdfc Bank for its Damanjodi branch located in Koraput, the following methods can help you out:
Cheque Book
The cheque book issued by Hdfc Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Hdfc Bank branches in Koraput and Damanjodi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Hdfc Bank and go to the branch locator section. Then search for Damanjodi or Koraput to find the exact IFSC Code HDFC0001096.
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 maintains an updated database of all IFSC codes. Searching for Hdfc Bank and Koraput will provide accurate information.
How to Use IFSC Code HDFC0001096 for Online Transfers?
Once you have the IFSC Code HDFC0001096 for the Damanjodi branch of Hdfc Bank in Koraput, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0001096. 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 HDFC0001096.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Damanjodi in Koraput, 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 Damanjodi, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Koraput manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001096.
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 Nalcobiju Pattnaik Chowkdist - Koraput located in Koraput, Damanjodi, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.