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 Budhwar Peth-Karad branch in Satara, Karad, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0002692. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hdfc Bank, Budhwar Peth-Karad, Satara
Here are the key points that are associated with the IFSC Code HDFC0002692 of Hdfc Bank for its branch located in Satara, within the district of Karad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0002692 |
| Branch | Budhwar Peth-Karad |
| City | Satara |
| District | Karad |
| State | Maharashtra |
| Address | Hdfc Bank Ltd., 123 B, Budhwar Peth, P.C. Corner Bldg., Shop No. 6 And 8-11, Opp. Corporation Bank, Karad, Maharashtra 415110 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0002692 for the Budhwar Peth-Karad 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, along with Hdfc Bank located in Budhwar Peth-Karad, Satara, Maharashtra, are given a unique IFSC like HDFC0002692 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Satara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Satara and Karad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Hdfc Bank in Budhwar Peth-Karad goes to the correct branch. This is important because Hdfc Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code HDFC0002692
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 Budhwar Peth-Karad in Satara.
For example, the IFSC Code HDFC0002692 of Hdfc Bank for the Budhwar Peth-Karad branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0002692 of Hdfc Bank for its Budhwar Peth-Karad branch located in Satara, the following methods can help:
Cheque Book
The cheque book issued by Hdfc Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Hdfc Bank branches in Satara and Karad, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Hdfc Bank and navigate to the branch locator section. Search for Budhwar Peth-Karad or Satara to get the exact IFSC Code HDFC0002692.
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 keeps an updated list of all IFSC codes. If you search for Hdfc Bank and Satara, you'll get the correct details.
How to Use IFSC Code HDFC0002692 for Online Transfers?
Once you have the IFSC Code HDFC0002692 for the Budhwar Peth-Karad branch of Hdfc Bank in Satara, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HDFC0002692. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Hdfc Bank IFSC Code HDFC0002692.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Hdfc Bank Budhwar Peth-Karad in Satara, it can 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 Budhwar Peth-Karad, 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 Satara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0002692.
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., 123 B, Budhwar Peth, P.C. Corner Bldg., Shop No. 6 And 8-11, Opp. Corporation Bank, Karad, Maharashtra 415110 located in Satara, Karad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.