The country's central bank (RBI) has specified three ways in which we can remit money. These include the popular NEFT, RTGS and IMPS. However, to undertake these transactions, we must have the IFSC Code allotted by RBI to each bank and the specified branch.
The HDFC Bank IFSC Code is an 11-digit alphanumeric code having special 4 characters, 'HDFC', stand for the name of the bank, the fifth character is always 'zero' for future use and the final six characters specify the 'exact branch address'.
If you are searching for the IFSC code of your home branch, you can use two mechanisms to search. In the offline mode you will find it written on your cheque book, which has been given to you by the HDFC Bank branch. If you are looking for online IFSC Code of HDFC Bank you can find here in Goodreturns.
HDFC Bank has received plenty of accolades in the past, from being the most valuable bank in India, to being the most valuable brand in India.
It was one of the first banks to have received an in principle approval by the Reserve Bank of India way bank in 1994.
This was after the liberalization of the banking sector by the government, way back in 1994. The main promoter is the prestigious, Housing Development Finance Corporation.
HDFC Bank has over the years also growth through mergers. In a milestone transaction in the Indian banking industry, Times Bank Limited was merged with HDFC Bank Ltd., in the year 2000.
Never before had two private sector banks merged until than. In 2008, the amalgamation of Centurion Bank of Punjab with HDFC Bank was formally approved by Reserve Bank of India.
HDFC Bank receives a number of awards each year. Among them include the KPMG India's Best Banks 2015 Awards, Bank of the year and Best Digital Banking Initiative awards, NABARD award etc in the year 2016. The list for other years is rather long.
HDFC Bank has a huge branch network and is close on the heels of private sector banking peer – ICICI Bank.
The bank had a network of 4281 branches as of December 31, 2015. This was spread across 2,505 cities.
We have provided the IFSC Codes of HDFC Bank, which should make life easier for individuals transferring money through NEFT and RTGS.