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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Hdfc Bank for its Lonand branch in Satara, Lonand, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Hdfc Bank located in Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0009056. 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, Lonand, Satara

Here are some of the key details that come with the IFSC Code HDFC0009056 of Hdfc Bank for its branch located in Satara, within the district of Lonand in the state of Maharashtra.

Particulars Details
Bank Hdfc Bank
IFSC Code HDFC0009056
Branch Lonand
City Satara
District Lonand
State Maharashtra
Address Ground Floor Padmavati Complexcsn 656 57 Juni Peth Gandhi Chowk Lonand Lonand Maharashtra415521

These details are important not only for users using online banking but also for businesses and individuals who use Hdfc Bank in Satara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HDFC0009056 for the Lonand 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 Lonand, Satara, Maharashtra, are given a unique IFSC like HDFC0009056 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 Lonand.
  • 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 Lonand 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 HDFC0009056

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 Lonand in Satara.

For example, the IFSC Code HDFC0009056 of Hdfc Bank for the Lonand branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.

How to Find IFSC Code for Hdfc Bank?

If you are trying to find the IFSC Code HDFC0009056 of Hdfc Bank for its Lonand 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

You can easily find the IFSC and MICR codes because most banks, including Hdfc Bank branches in Satara and Lonand, print them 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 Lonand or Satara to get the exact IFSC Code HDFC0009056.

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 HDFC0009056 for Online Transfers?

Once you have the IFSC Code HDFC0009056 for the Lonand branch of Hdfc Bank in Satara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code HDFC0009056. 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 HDFC0009056.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Lonand in Satara, 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 Lonand, 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 Satara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Hdfc Bank Lonand Satara?

The IFSC Code of the Lonand Satara branch is HDFC0009056.

Is IFSC Code HDFC0009056 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Hdfc Bank Lonand branch?

The branch is located at Ground Floor Padmavati Complexcsn 656 57 Juni Peth Gandhi Chowk Lonand Lonand Maharashtra415521.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.