HDFC Bank, INDORE - CLOTH MARKET, INDORE Branch IFSC Code

The IFSC code HDFC0000281 is assigned to HDFC Bank, INDORE - CLOTH MARKET located in INDORE, MADHYA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name HDFC Bank
IFSC Code HDFC0000281
MICR Code 452240003
Branch Code 000281
Branch INDORE - CLOTH MARKET
City INDORE
District INDORE
State MADHYA PRADESH
Address GROUND, FLOOR,211, JAWAHAR MARG,NEAR RAJMOHALLAINDOREMADHYA PRADESH452002 Maps
Contact +919893603333

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

HDFC Bank Code
0 Reserved (0)
000281 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

452 City Code
240 Bank Code
003 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code HDFC0000281 is the Indian Financial System Code assigned to HDFC Bank, INDORE - CLOTH MARKET branch in INDORE, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in INDORE, INDORE, MADHYA PRADESH. The full address is: GROUND, FLOOR,211, JAWAHAR MARG,NEAR RAJMOHALLAINDOREMADHYA PRADESH452002

The branch code is 000281. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of HDFC Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 452240003. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: HDFC0000281
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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