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 Mahipatrai Chamber Bhiwandi branch in Thane, Bhiwandi Nizampur, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0008508. 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, Mahipatrai Chamber Bhiwandi, Thane
Below in the table are the key details related to IFSC Code HDFC0008508 of Hdfc Bank for its branch located in Thane, within the district of Bhiwandi Nizampur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0008508 |
| Branch | Mahipatrai Chamber Bhiwandi |
| City | Thane |
| District | Bhiwandi Nizampur |
| State | Maharashtra |
| Address | Unit No 301 3Rd Floor 345 A Mahipatrai Chamber Kap Kaneri Kalyan Bhiwandi Road Bhiwandi Bhiwandi Nizampur Maharashtra 421302 |
These details help users in online banking and for businesses and individuals who use Hdfc Bank in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0008508 for the Mahipatrai Chamber Bhiwandi branch of Hdfc Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like HDFC0008508 is given to every bank branch, including Hdfc Bank located in Mahipatrai Chamber Bhiwandi, Thane, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Hdfc Bank branch in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Thane and Bhiwandi Nizampur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Hdfc Bank in Mahipatrai Chamber Bhiwandi doesn't end up at another location.
Format of the IFSC Code HDFC0008508
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 Mahipatrai Chamber Bhiwandi in Thane.
For example, the IFSC Code HDFC0008508 of Hdfc Bank for the Mahipatrai Chamber Bhiwandi branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Hdfc Bank?
If you are trying to find the IFSC Code HDFC0008508 of Hdfc Bank for its Mahipatrai Chamber Bhiwandi branch located in Thane, the following methods can help:
Cheque Book
The cheque books that are issued by Hdfc Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Hdfc Bank branches in Thane and Bhiwandi Nizampur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Hdfc Bank and find the branch locator section. Search for Mahipatrai Chamber Bhiwandi or Thane to get the exact IFSC Code HDFC0008508.
Mobile Banking App
If you use Hdfc Bank's mobile app, you can easily 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 to help you in searching for Hdfc Bank and Thane that will provide accurate information.
How to Use IFSC Code HDFC0008508 for Online Transfers?
Once you have the IFSC Code HDFC0008508 for the Mahipatrai Chamber Bhiwandi branch of Hdfc Bank in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0008508. 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 HDFC0008508.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Mahipatrai Chamber Bhiwandi in Thane, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Hdfc Bank in Mahipatrai Chamber Bhiwandi, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0008508.
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 Unit No 301 3Rd Floor 345 A Mahipatrai Chamber Kap Kaneri Kalyan Bhiwandi Road Bhiwandi Bhiwandi Nizampur Maharashtra 421302 located in Thane, Bhiwandi Nizampur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.