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 Grain Market Nihalsinghwala branch in Moga, Nihal Singh Wala, Punjab, 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 Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code HDFC0001483. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hdfc Bank, Grain Market Nihalsinghwala, Moga
Here are the main details that are associated with the IFSC Code HDFC0001483 of Hdfc Bank for its branch located in Moga, within the district of Nihal Singh Wala in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001483 |
| Branch | Grain Market Nihalsinghwala |
| City | Moga |
| District | Nihal Singh Wala |
| State | Punjab |
| Address | Ground Floor, Shop No.14 Grain Market |
These details help users in online banking and for businesses and individuals who use Hdfc Bank in Moga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0001483 for the Grain Market Nihalsinghwala branch of Hdfc Bank has a very important role.
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 HDFC0001483 is given to every bank branch, including Hdfc Bank located in Grain Market Nihalsinghwala, Moga, Punjab, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Moga.
- 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 Moga and Nihal Singh Wala.
- 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Hdfc Bank in Grain Market Nihalsinghwala doesn't end up at another location.
Format of the IFSC Code HDFC0001483
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 Grain Market Nihalsinghwala in Moga.
For example, the IFSC Code HDFC0001483 of Hdfc Bank for the Grain Market Nihalsinghwala branch includes these elements, identifying the bank and the branch location in Moga and Punjab accurately.
How to Find IFSC Code for Hdfc Bank?
If you are looking for the IFSC Code HDFC0001483 of Hdfc Bank for its Grain Market Nihalsinghwala branch located in Moga, 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 Moga and Nihal Singh Wala, 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 Grain Market Nihalsinghwala or Moga to get the exact IFSC Code HDFC0001483.
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 Moga, then it will provide you proper information.
How to Use IFSC Code HDFC0001483 for Online Transfers?
If you have the IFSC Code HDFC0001483 for the Grain Market Nihalsinghwala branch of Hdfc Bank in Moga, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HDFC0001483. Transfers are processed in batches. 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. Asks for the recipient's account details and Hdfc Bank IFSC Code HDFC0001483.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Hdfc Bank Grain Market Nihalsinghwala in Moga, it 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 Grain Market Nihalsinghwala, 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 Moga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Grain Market Nihalsinghwala Moga branch is HDFC0001483.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor, Shop No.14 Grain Market.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.