HDFC0005423 IFSC Code, HDFC BANK, ILKAL

IFSC Code of Hdfc Bank, Ilkal, Karnataka IFSC CODE & MICR CODE

HDFC BANK, ILKAL - HDFC0005423

  • Bank name: HDFC BANK

Bank Address: Hdfc Bank Ltd Ground Floor Site No 37 And 38 Vijayanagar Basaveshwar Circle Bagalkot Karnataka 587125

  • IFSC Code hdfc0005423
  • Bank Code HDFC
  • Bank name HDFC BANK
  • Bank contact number +9118002026161
  • Bank branch ILKAL
  • Bank ISO3166 Code IN-KA
  • Bank Center BAGALKOT
  • MICR Code 587240105
  • State name KARNATAKA
  • District name BAGALKOT
  • City name BAGALKOT
  • 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, ILKAL branch is HDFC0005423, ensures that your transactions are directed to the correct branch.

How to Use HDFC0005423 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 ILKAL 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.