The HDFC BANK Ludhiana Branch IFSC Code is HDFC0003074. The Bank is located at Opp.Obc,Main Road,Vpo Maloud,Teh.Payal,Ludhiana Punjab 141119, Ludhiana, Ludhiana, Punjab. You can use the HDFC BANK IFSC Code to transfer funds online for RTGS, IMPS and NEFT transactions.
HDFC Bank Ludhiana Branch, Ludhiana IFSC Code
|IFSC Code:||HDFC0003074 (used for RTGS, IMPS and NEFT transactions)|
|Branch Code:||(The last six characters of the IFSC Code represent the Branch code.)|
|Bank Name:||HDFC BANK|
|Address:||Opp.Obc,Main Road,Vpo Maloud,Teh.Payal,Ludhiana Punjab 141119|
- What is IFSC Code?
- Uses of IFSC Code
- How to Find IFSC Code?
- What is MICR Code?
- How to Find MICR Code?
- What is NEFT?
- What is RTGS?
What is IFSC Code?
The Word IFSC is the short form of the Indian Financial System Code, used for online bank transactions in India. IFSC code is an 11 digit code combined with alphanumerical characters assigned by RBI (Reserve Bank of India) to identify every bank branch uniquely. You can usually find the IFSC code in a bank account passbook, chequebook issued by the bank, or the RBI website. A valid IFSC code is required to transfer funds to any bank account. The different types of bank transfers are NEFT, RTGS and IMPS.
Uses of IFSC Code
- NEFT: It allows you to electronically transfer funds from your bank account to any other account of the same bank or different bank.
- RTGS: Transfer Minimum limit of Rs 2 Lakh.
- IMPS: Bank account holder can transfer funds 24×7 365 days.
- Online Banking
How to find IFSC Code?
- IFSC code can be found on the cheque page and passbook of the HDFC BANK.
- You can obtain IFSC Code from the HDFC BANK or the Reserve Bank of India’s website.
Where to find HDFC IFSC Code on a chequebook?
IFSC Code is printed on the Top of the cheque page.
What is a MICR Code?
The MICR is the short form of Magnetic Ink Character Recognition. It’s a printing technology used to print alpha-numeric details. For example, MICR Code is printed on cheques, and this code is used in cheque processing.
How to find MICR Code?
- MICR code can be found on a chequebook and bank passbook issued by the HDFC Bank.
- You can also find the MICR code on the HDFC BANK website.
Where to find HDFC MICR Code on a chequebook?
MICR Code is printed on the bottom of the cheque page, next to the cheque number.
What is NEFT?
NEFT is the short form of National Electronic Fund Transfer. It’s an online fund transfer system supported by RBI. NEFT is used for small and medium amount transfers between banks and accounts. There is no minimum amount limit set for NEFT.
What is RTGS?
The RTGS is the short form of Real-Time Gross Settlement. Its a fund transfer system used to transfer money from one bank to another. This gross basis transfer is a real-time transfer system used for making large transfers. The minimum transfer amount must be Rs.2,00,000. Relevant fees are applicable.