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 Derabassi - Punjab branch in Patiala, Dera Bassi, Punjab, 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 Patiala or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code HDFC0001109. 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, Derabassi - Punjab, Patiala
Below in the table are the key details related to IFSC Code HDFC0001109 of Hdfc Bank for its branch located in Patiala, within the district of Dera Bassi in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001109 |
| Branch | Derabassi - Punjab |
| City | Patiala |
| District | Dera Bassi |
| State | Punjab |
| Address | Paras Bank Square, Chd-Ambala Highway, Derabassi, Punjab |
These details are important not only for users using online banking but also for businesses and individuals who use Hdfc Bank in Patiala for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HDFC0001109 for the Derabassi - Punjab 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 that is provided by the Reserve Bank of India. A unique IFSC like HDFC0001109 is given to every bank branch, including Hdfc Bank located in Derabassi - Punjab, Patiala, 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 Patiala.
- 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 Patiala and Dera Bassi.
- 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 Derabassi - Punjab doesn't end up at another location.
Format of the IFSC Code HDFC0001109
The format of the IFSC Code for banks, including Hdfc Bank, has 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 Derabassi - Punjab in Patiala.
For example, the IFSC Code HDFC0001109 of Hdfc Bank for the Derabassi - Punjab branch includes these elements, identifying the bank and the branch location in Patiala and Punjab correctly.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0001109 of Hdfc Bank for its Derabassi - Punjab branch located in Patiala, 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 Patiala and Dera Bassi, 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 Derabassi - Punjab or Patiala to get the exact IFSC Code HDFC0001109.
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 Patiala, you'll get the correct details.
How to Use IFSC Code HDFC0001109 for Online Transfers?
Once you have the IFSC Code HDFC0001109 for the Derabassi - Punjab branch of Hdfc Bank in Patiala, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0001109. The transfer is completed in batches instead of instantly. It is useful for both 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 HDFC0001109.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Derabassi - Punjab in Patiala, 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 Derabassi - Punjab, 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 Patiala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001109.
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 Paras Bank Square, Chd-Ambala Highway, Derabassi, Punjab located in Patiala, Dera Bassi, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.