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 Yavatmal branch in Yavatmal, Yavatmal, 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 Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HDFC0001017. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hdfc Bank, Yavatmal, Yavatmal
Here are the main details that are associated with the IFSC Code HDFC0001017 of Hdfc Bank for its branch located in Yavatmal, within the district of Yavatmal in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hdfc Bank |
| IFSC Code | HDFC0001017 |
| Branch | Yavatmal |
| City | Yavatmal |
| District | Yavatmal |
| State | Maharashtra |
| Address | Hdfc Bank Ltd.Pokarna Towers,Mahadev Mandir Road,Opp.Postal Ground |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hdfc Bank in Yavatmal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HDFC0001017 for the Yavatmal 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 that is provided by the Reserve Bank of India. A unique IFSC like HDFC0001017 is given to every bank branch, including Hdfc Bank located in Yavatmal, Yavatmal, 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 Yavatmal.
- 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 Yavatmal and Yavatmal.
- 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 Yavatmal doesn't end up at another location.
Format of the IFSC Code HDFC0001017
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 Yavatmal in Yavatmal.
For example, the IFSC Code HDFC0001017 of Hdfc Bank for the Yavatmal branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra correctly.
How to Find IFSC Code for Hdfc Bank?
To find the IFSC Code HDFC0001017 of Hdfc Bank for its Yavatmal branch located in Yavatmal, 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 Yavatmal and Yavatmal, 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 Yavatmal or Yavatmal to find the exact IFSC Code HDFC0001017.
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 Yavatmal will provide accurate information.
How to Use IFSC Code HDFC0001017 for Online Transfers?
Once you have the IFSC Code HDFC0001017 for the Yavatmal branch of Hdfc Bank in Yavatmal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HDFC0001017. 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 HDFC0001017.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Hdfc Bank Yavatmal in Yavatmal, 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 Yavatmal, 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 Yavatmal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is HDFC0001017.
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.Pokarna Towers,Mahadev Mandir Road,Opp.Postal Ground located in Yavatmal, Yavatmal, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.