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Join The CommunityThe IFSC code (Indian Financial System Code) is a unique identifier for banks and their branches in India. It consists of 11 characters—the first four letters represent the bank’s name, the fifth character is always 0, and the last six characters indicate the specific branch.
For example, the HDFC Bank IFSC code for the Delhi MG Road branch is HDFC022556. Here, HDFC represents the bank, the 0 is fixed, and 22556 denotes the branch location.
The Reserve Bank of India (RBI) issues IFSC codes to all banks for various purposes, especially for online and offline fund transfers. The IFSC code is used to identify banks and branches involved in RTGS, NEFT, and IMPS transactions.
To transfer funds between banks, the sender must provide the recipient's bank details, including the account number, account type, bank name, and IFSC code. Once the information is entered, the IFSC code is verified, enabling the transfer.
You can find the HDFC Bank IFSC code online or offline. It is printed on HDFC Bank cheques and account holders' passbooks. You can also contact HDFC customer care for specific branch IFSC codes.
The following Information is required for Transferring Funds Using Any Mode of Payment
HDFC Bank, established in August 1994, was one of the first private sector banks to receive approval from the Reserve Bank of India (RBI) to operate under the liberalization strategies of the Indian banking industry. It began operations as a Scheduled Commercial Bank in January 1995 with its registered office in Mumbai.
Known for its expertise in retail mortgage loans, HDFC Bank serves various market segments and maintains a strong corporate client base for its housing-related credit operations. The bank’s business philosophy is built on five core values that guide its commitment to excellence and customer satisfaction.
The following are HDFC rates:
People can open various types of bank accounts with HDFC for business and personal purposes to transact, save and earn interest on deposits and be secured financially. To be eligible to open an account with HDFC Bank, customers need to meet the eligibility as mentioned below.
The following documents are required for account opening:
Steps to open a savings account with HDFC To open an account at any HDFC Bank branch, customers will have to follow the steps mentioned below.
The starter kit consists of
When receiving your welcome kit, ensure it is completely sealed and untampered. The Government of India mandates that all savings account holders must nominate a beneficiary, preferably a blood relative, who can operate the account in case of unforeseen circumstances.
This nomination process occurs when filling out the account opening application form. Applicants must select a nominee, and if the nominee is a minor, the account can only be operated by them once they turn 18. In the unfortunate event of the account holder’s untimely death, the nominated beneficiary can manage the account on their behalf.
In case of any assistance, grievance, or information pertaining to HDFC Bank and in particular relating to the opening of a savings bank account, customers can contact the helpline at – 1800 22 1006
The below picture portrays the structural hierarchy of HDFC Bank
SBI | HDFC | Axis Bank | Indian Bank | Bank of Baroda |
Canara Bank | Andhra Bank | PNB | Allahabad Bank | Union Bank |
IDBI Bank | United Bank of India | Citibank | Dena Bank | Vijaya Bank |