For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Hdfc Bank for its Khargone branch in Raisen, Khargone, Madhya Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly 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 HDFC0000920. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Hdfc Bank, Khargone, Raisen
The table below shows the main details of the IFSC Code HDFC0000920 for the Hdfc Bank branch in Raisen, which falls under the Khargone district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0000920 |
| Branch | Khargone |
| City | Raisen |
| District | Khargone |
| State | Madhya Pradesh |
| Address | Hdfc Bank Ltd C/5, Radha Vallabh Market Khargone |
These details are essential not only for online banking users but also for businesses and individuals who use Hdfc Bank in Raisen for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0000920 for the Khargone branch of Hdfc Bank plays 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, along with Hdfc Bank located in Khargone, Raisen, Madhya Pradesh, are allotted a unique IFSC like HDFC0000920 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raisen.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raisen and Khargone.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Hdfc Bank in Khargone reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code HDFC0000920
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 Khargone in Raisen.
For example, the IFSC Code HDFC0000920 of Hdfc Bank for the Khargone branch includes these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh correctly.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0000920 of Hdfc Bank for its Khargone 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 Khargone, 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 Khargone or Raisen to get the exact IFSC Code HDFC0000920.
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 HDFC0000920 for Online Transfers?
If you have the IFSC Code HDFC0000920 for the Khargone 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 HDFC0000920. 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 HDFC0000920.
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 Khargone in Raisen, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Hdfc Bank in Khargone, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Raisen manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0000920.
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 Hdfc Bank Ltd C/5, Radha Vallabh Market Khargone located in Raisen, Khargone, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.