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 Baholi - Panipat branch in Panipat, Panipat, Haryana, 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 Panipat or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code HDFC0001094. 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, Baholi - Panipat, Panipat
Here are the key points that are associated with the IFSC Code HDFC0001094 of Hdfc Bank for its branch located in Panipat, within the district of Panipat in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001094 |
| Branch | Baholi - Panipat |
| City | Panipat |
| District | Panipat |
| State | Haryana |
| Address | Iocl Refinerynear Bsnl Buildingpanipat |
These details help users in online banking and for businesses and individuals who use Hdfc Bank in Panipat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0001094 for the Baholi - Panipat 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 provided by the Reserve Bank of India. Every bank branch, including Hdfc Bank located in Baholi - Panipat, Panipat, Haryana, is provided with a unique IFSC like HDFC0001094 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Panipat.
- 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 Panipat and Panipat.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Hdfc Bank in Baholi - Panipat do not get mixed with another location.
Format of the IFSC Code HDFC0001094
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 Baholi - Panipat in Panipat.
For example, the IFSC Code HDFC0001094 of Hdfc Bank for the Baholi - Panipat branch has these elements, identifying the bank and the branch location in Panipat and Haryana correctly.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0001094 of Hdfc Bank for its Baholi - Panipat branch located in Panipat, 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
Most banks, including Hdfc Bank branches in Panipat and Panipat, print the IFSC and MICR codes 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 Baholi - Panipat or Panipat to get the exact IFSC Code HDFC0001094.
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 Panipat, you'll get the correct details.
How to Use IFSC Code HDFC0001094 for Online Transfers?
If you have the IFSC Code HDFC0001094 for the Baholi - Panipat branch of Hdfc Bank in Panipat, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HDFC0001094. 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 HDFC0001094.
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 Baholi - Panipat in Panipat, it 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 Baholi - Panipat, 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 Panipat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001094.
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 Iocl Refinerynear Bsnl Buildingpanipat located in Panipat, Panipat, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.