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 Sunam Ii Old Grain Market branch in Sangrur, Sunam, Punjab, 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 Sangrur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code HDFC0005470. 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, Sunam Ii Old Grain Market, Sangrur
Here are the main details that are associated with the IFSC Code HDFC0005470 of Hdfc Bank for its branch located in Sangrur, within the district of Sunam in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0005470 |
| Branch | Sunam Ii Old Grain Market |
| City | Sangrur |
| District | Sunam |
| State | Punjab |
| Address | Hdfc Bank Ltd Shop No 6 Old Grain Market Sunam Punjab 148028 |
These details are important not only for users using online banking but also for businesses and individuals who use Hdfc Bank in Sangrur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HDFC0005470 for the Sunam Ii Old Grain Market 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, along with Hdfc Bank located in Sunam Ii Old Grain Market, Sangrur, Punjab, are allotted a unique IFSC like HDFC0005470 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sangrur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sangrur and Sunam.
- 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 Sunam Ii Old Grain Market reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code HDFC0005470
This is the format of the IFSC Code for banks, including Hdfc Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Hdfc Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sunam Ii Old Grain Market in Sangrur.
For example, the IFSC Code HDFC0005470 of Hdfc Bank for the Sunam Ii Old Grain Market branch includes these elements, identifying the bank and the branch location in Sangrur and Punjab accurately.
How to Find IFSC Code for Hdfc Bank?
To find the IFSC Code HDFC0005470 of Hdfc Bank for its Sunam Ii Old Grain Market branch located in Sangrur, the following methods can help you out:
Cheque Book
The cheque book issued by Hdfc Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Hdfc Bank branches in Sangrur and Sunam, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Hdfc Bank and go to the branch locator section. Then search for Sunam Ii Old Grain Market or Sangrur to find the exact IFSC Code HDFC0005470.
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 maintains an updated database of all IFSC codes. Searching for Hdfc Bank and Sangrur will provide accurate information.
How to Use IFSC Code HDFC0005470 for Online Transfers?
Once you have the IFSC Code HDFC0005470 for the Sunam Ii Old Grain Market branch of Hdfc Bank in Sangrur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0005470. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 HDFC0005470.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Sunam Ii Old Grain Market in Sangrur, 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 Sunam Ii Old Grain Market, 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 Sangrur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0005470.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily 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 Shop No 6 Old Grain Market Sunam Punjab 148028 located in Sangrur, Sunam, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.