There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Hdfc Bank for its Siddheshwar Sahakari Bank Ltd Latur branch in Latur, Latur, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Hdfc Bank situated in Latur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code HDFC0CSID06. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Hdfc Bank, Siddheshwar Sahakari Bank Ltd Latur, Latur

Here are the main details that are associated with the IFSC Code HDFC0CSID06 of Hdfc Bank for its branch located in Latur, within the district of Latur in the state of Maharashtra.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0CSID06
Branch Siddheshwar Sahakari Bank Ltd Latur
City Latur
District Latur
State Maharashtra
Address Mukteshwar High School1Shopping Complex Ausa Latur 413520

These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Latur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0CSID06 for the Siddheshwar Sahakari Bank Ltd Latur 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 Siddheshwar Sahakari Bank Ltd Latur, Latur, Maharashtra, is provided with a unique IFSC like HDFC0CSID06 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Hdfc Bank branch in Latur.
  • 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 Latur and Latur.
  • 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 Siddheshwar Sahakari Bank Ltd Latur do not get mixed with another location.

Format of the IFSC Code HDFC0CSID06

This is the format of the IFSC Code for banks, including Hdfc Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Hdfc Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Siddheshwar Sahakari Bank Ltd Latur in Latur.

For example, the IFSC Code HDFC0CSID06 of Hdfc Bank for the Siddheshwar Sahakari Bank Ltd Latur branch includes these elements, identifying the bank and the branch location in Latur and Maharashtra accurately.

How to Find IFSC Code for Hdfc Bank?

If you are trying to find the IFSC Code HDFC0CSID06 of Hdfc Bank for its Siddheshwar Sahakari Bank Ltd Latur branch located in Latur, 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 Latur and Latur, 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 Siddheshwar Sahakari Bank Ltd Latur or Latur to get the exact IFSC Code HDFC0CSID06.

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 Latur that will provide accurate information.

How to Use IFSC Code HDFC0CSID06 for Online Transfers?

Once you have the IFSC Code HDFC0CSID06 for the Siddheshwar Sahakari Bank Ltd Latur branch of Hdfc Bank in Latur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code HDFC0CSID06. 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 HDFC0CSID06.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Hdfc Bank Siddheshwar Sahakari Bank Ltd Latur in Latur may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Hdfc Bank in Siddheshwar Sahakari Bank Ltd Latur, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Hdfc Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Latur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank in Siddheshwar Sahakari Bank Ltd Latur, Latur?

The IFSC Code is HDFC0CSID06.

Is the IFSC Code HDFC0CSID06 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 Siddheshwar Sahakari Bank Ltd Latur?

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 Siddheshwar Sahakari Bank Ltd Latur branch?

The address of the branch is Mukteshwar High School1Shopping Complex Ausa Latur 413520 located in Latur, Latur, Maharashtra.

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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