There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Hdfc Bank for its Ring Road Phaltan branch in Satara, Phaltan, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Hdfc Bank situated in Satara or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code HDFC0006036. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Hdfc Bank, Ring Road Phaltan, Satara
Here are the key points that are associated with the IFSC Code HDFC0006036 of Hdfc Bank for its branch located in Satara, within the district of Phaltan in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0006036 |
| Branch | Ring Road Phaltan |
| City | Satara |
| District | Phaltan |
| State | Maharashtra |
| Address | Office No F4 To F7 Konark Empire Next To Hotel Aryaman Laxmi Nagar Phaltan Maharashtra Phaltan Maharashtra 415523 |
These details helps users in online banking and for businesses and individuals who use Hdfc Bank in Satara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0006036 for the Ring Road Phaltan 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, along with Hdfc Bank located in Ring Road Phaltan, Satara, Maharashtra, are given a unique IFSC like HDFC0006036 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 Phaltan.
- 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 Ring Road Phaltan 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 HDFC0006036
The format of the IFSC Code for banks, including Hdfc Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Hdfc Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ring Road Phaltan in Satara.
For example, the IFSC Code HDFC0006036 of Hdfc Bank for the Ring Road Phaltan branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for Hdfc Bank?
To find the IFSC Code HDFC0006036 of Hdfc Bank for its Ring Road Phaltan branch located in Satara, 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 Satara and Phaltan, 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 Ring Road Phaltan or Satara to find the exact IFSC Code HDFC0006036.
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 Satara will provide accurate information.
How to Use IFSC Code HDFC0006036 for Online Transfers?
Once you have the IFSC Code HDFC0006036 for the Ring Road Phaltan 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 HDFC0006036. 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 HDFC0006036.
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 Ring Road Phaltan 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 Ring Road Phaltan, 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 Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0006036.
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 Office No F4 To F7 Konark Empire Next To Hotel Aryaman Laxmi Nagar Phaltan Maharashtra Phaltan Maharashtra 415523 located in Satara, Phaltan, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.