HDFC0005988 IFSC Code, HDFC BANK, MALAVALLI

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

HDFC BANK, MALAVALLI - HDFC0005988

  • Bank name: HDFC BANK

Bank Address: Grd Floor Near More Super Market Mysore Road Malavalli Town Malavalli Karnataka 571430

  • IFSC Code hdfc0005988
  • Bank Code HDFC
  • Bank name HDFC BANK
  • Bank contact number +9118002026161
  • Bank branch MALAVALLI
  • Bank ISO3166 Code IN-KA
  • Bank Center MALAVALLI
  • MICR Code 571240505
  • State name KARNATAKA
  • District name MALAVALLI
  • City name MANDYA
  • 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, MALAVALLI branch is HDFC0005988, ensures that your transactions are directed to the correct branch.

How to Use HDFC0005988 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 MALAVALLI 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.