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 Baraily branch in Raisen, Raisen, Madhya Pradesh, 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 Raisen or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code HDFC0005696. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hdfc Bank, Baraily, Raisen
The table below shows the main details of the IFSC Code HDFC0005696 for the Hdfc Bank branch in Raisen, which falls under the Raisen district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0005696 |
| Branch | Baraily |
| City | Raisen |
| District | Raisen |
| State | Madhya Pradesh |
| Address | Gr First Flr Udaypura Naka Ward No 01 Near Union Bank Of India Baraily Raisen Madhya Pradesh 464668 |
These details helps users in online banking and for businesses and individuals who use Hdfc Bank in Raisen for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0005696 for the Baraily branch of Hdfc Bank plays a vital 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 Baraily, Raisen, Madhya Pradesh, is provided with a unique IFSC like HDFC0005696 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Raisen.
- 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 Raisen and Raisen.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Hdfc Bank in Baraily do not get mixed with another location.
Format of the IFSC Code HDFC0005696
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 Baraily in Raisen.
For example, the IFSC Code HDFC0005696 of Hdfc Bank for the Baraily branch includes these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh accurately.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0005696 of Hdfc Bank for its Baraily branch located in Raisen, 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 Raisen and Raisen, 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 Baraily or Raisen to get the exact IFSC Code HDFC0005696.
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 Raisen that will provide accurate information.
How to Use IFSC Code HDFC0005696 for Online Transfers?
If you have the IFSC Code HDFC0005696 for the Baraily branch of Hdfc Bank in Raisen, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HDFC0005696. 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 HDFC0005696.
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 Baraily in Raisen, 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 Baraily, 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 Raisen manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0005696.
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 Gr First Flr Udaypura Naka Ward No 01 Near Union Bank Of India Baraily Raisen Madhya Pradesh 464668 located in Raisen, Raisen, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.