HDFC0005038 IFSC Code, HDFC BANK, OLD ALWAL

IFSC Code of Hdfc Bank, Old Alwal, Telangana IFSC CODE & MICR CODE

HDFC BANK, OLD ALWAL - HDFC0005038

  • Bank name: HDFC BANK

Bank Address: 1 1 95 1 Nr Old Alwal Loyola College Road Secunderabad Hyderabad Telangana 500010

  • IFSC Code hdfc0005038
  • Bank Code HDFC
  • Bank name HDFC BANK
  • Bank contact number +9118002026161
  • Bank branch OLD ALWAL
  • Bank ISO3166 Code IN-TG
  • Bank Center HYDERABAD
  • MICR Code 500240180
  • State name TELANGANA
  • District name HYDERABAD
  • City name HYDERABAD
  • Swift HDFCINBB
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for HDFC BANK, OLD ALWAL branch is HDFC0005038, ensures that your transactions are directed to the correct branch.

How to Use HDFC0005038 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the OLD ALWAL branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.