Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Hdfc Bank for its The Annasaheb Savant Co Op Bank Ltd branch in Raigad, Mahad, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Hdfc Bank located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0CASBNK. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Hdfc Bank, The Annasaheb Savant Co Op Bank Ltd, Raigad
Below in the table are the key details related to IFSC Code HDFC0CASBNK of Hdfc Bank for its branch located in Raigad, within the district of Mahad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0CASBNK |
| Branch | The Annasaheb Savant Co Op Bank Ltd |
| City | Raigad |
| District | Mahad |
| State | Maharashtra |
| Address | Shreyas Complex Opp Bhaji Market Mahad Raigad Pin 402301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Raigad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0CASBNK for the The Annasaheb Savant Co Op Bank Ltd 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 The Annasaheb Savant Co Op Bank Ltd, Raigad, Maharashtra, is provided with a unique IFSC like HDFC0CASBNK 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 Mahad.
- 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 The Annasaheb Savant Co Op Bank Ltd do not get mixed with another location.
Format of the IFSC Code HDFC0CASBNK
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 The Annasaheb Savant Co Op Bank Ltd in Raigad.
For example, the IFSC Code HDFC0CASBNK of Hdfc Bank for the The Annasaheb Savant 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 trying to find the IFSC Code HDFC0CASBNK of Hdfc Bank for its The Annasaheb Savant Co Op Bank Ltd branch located in Raigad, 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 Raigad and Mahad, 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 The Annasaheb Savant Co Op Bank Ltd or Raigad to get the exact IFSC Code HDFC0CASBNK.
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 Raigad that will provide accurate information.
How to Use IFSC Code HDFC0CASBNK for Online Transfers?
Once you have the IFSC Code HDFC0CASBNK for the The Annasaheb Savant 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 HDFC0CASBNK. 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 HDFC0CASBNK.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank The Annasaheb Savant 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 check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Hdfc Bank in The Annasaheb Savant Co Op Bank Ltd, 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 Raigad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0CASBNK.
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 Shreyas Complex Opp Bhaji Market Mahad Raigad Pin 402301 located in Raigad, Mahad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.