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 Bombay Mercantile Co Op Bank Ltd branch in Raigad, Panvel, Maharashtra, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0CBMC37. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hdfc Bank, Bombay Mercantile Co Op Bank Ltd, Raigad
Here are the main details that are associated with the IFSC Code HDFC0CBMC37 of Hdfc Bank for its branch located in Raigad, within the district of Panvel in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0CBMC37 |
| Branch | Bombay Mercantile Co Op Bank Ltd |
| City | Raigad |
| District | Panvel |
| State | Maharashtra |
| Address | Jasdanwala Complex,Opp.Pravin Hotel,Mumbai Pune Road,Panvel 410206 |
These details are important not only for users using online banking but also for businesses and individuals who use Hdfc Bank in Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HDFC0CBMC37 for the Bombay Mercantile Co Op Bank Ltd 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 provided by the Reserve Bank of India. Every bank branch, including Hdfc Bank located in Bombay Mercantile Co Op Bank Ltd, Raigad, Maharashtra, is provided with a unique IFSC like HDFC0CBMC37 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Raigad.
- 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 Raigad and Panvel.
- 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 Bombay Mercantile Co Op Bank Ltd do not get mixed with another location.
Format of the IFSC Code HDFC0CBMC37
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 Bombay Mercantile Co Op Bank Ltd in Raigad.
For example, the IFSC Code HDFC0CBMC37 of Hdfc Bank for the Bombay Mercantile Co Op Bank Ltd branch has these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.
How to Find IFSC Code for Hdfc Bank?
If you are looking for the IFSC Code HDFC0CBMC37 of Hdfc Bank for its Bombay Mercantile Co Op Bank Ltd branch located in Raigad, 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 Raigad and Panvel, 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 Bombay Mercantile Co Op Bank Ltd or Raigad to get the exact IFSC Code HDFC0CBMC37.
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 Raigad, then it will provide you proper information.
How to Use IFSC Code HDFC0CBMC37 for Online Transfers?
Once you have the IFSC Code HDFC0CBMC37 for the Bombay Mercantile Co Op Bank Ltd branch of Hdfc Bank in Raigad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0CBMC37. 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 HDFC0CBMC37.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Bombay Mercantile Co Op Bank Ltd in Raigad, 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 Bombay Mercantile Co Op Bank Ltd, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0CBMC37.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Jasdanwala Complex,Opp.Pravin Hotel,Mumbai Pune Road,Panvel 410206 located in Raigad, Panvel, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.