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 Kolaras Np branch in Shivpuri, Kolaras, Madhya Pradesh, 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 Shivpuri or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code HDFC0005563. 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, Kolaras Np, Shivpuri
Here are some of the key details that come with the IFSC Code HDFC0005563 of Hdfc Bank for its branch located in Shivpuri, within the district of Kolaras in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0005563 |
| Branch | Kolaras Np |
| City | Shivpuri |
| District | Kolaras |
| State | Madhya Pradesh |
| Address | Ground Floor Ward No 10 Jagatpur Tiraha A B Road Kolaras Madhya Pradesh 473770 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Shivpuri for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0005563 for the Kolaras Np 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 Kolaras Np, Shivpuri, Madhya Pradesh, are allotted a unique IFSC like HDFC0005563 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Shivpuri.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Shivpuri and Kolaras.
- 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 Kolaras Np reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code HDFC0005563
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 Kolaras Np in Shivpuri.
For example, the IFSC Code HDFC0005563 of Hdfc Bank for the Kolaras Np branch includes these elements, identifying the bank and the branch location in Shivpuri and Madhya Pradesh accurately.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0005563 of Hdfc Bank for its Kolaras Np branch located in Shivpuri, 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 Shivpuri and Kolaras, 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 Kolaras Np or Shivpuri to get the exact IFSC Code HDFC0005563.
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 Shivpuri, you'll get the correct details.
How to Use IFSC Code HDFC0005563 for Online Transfers?
Once you have the IFSC Code HDFC0005563 for the Kolaras Np branch of Hdfc Bank in Shivpuri, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0005563. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Hdfc Bank IFSC Code HDFC0005563.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Kolaras Np in Shivpuri, 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 Kolaras Np, 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 Shivpuri to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0005563.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor Ward No 10 Jagatpur Tiraha A B Road Kolaras Madhya Pradesh 473770 located in Shivpuri, Kolaras, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.