HDFC Bank, MADHAVNAGAR, SANGLI Branch IFSC Code

The IFSC code HDFC0007855 is assigned to HDFC Bank, MADHAVNAGAR located in SANGLI, MAHARASHTRA. 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 HDFC0007855
MICR Code 416240159
Branch Code 007855
Branch MADHAVNAGAR
City SANGLI
District MADHAVNAGAR
State MAHARASHTRA
Address SHAH RESIDENCY 295 MANGALWARPETH OPP JAIN MANDIR MADHAVNAGAR MADHAVNAGAR MAHARASHTRA 416406 Maps
Contact +9118002026161

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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)
007855 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.

416 City Code
240 Bank Code
159 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 HDFC0007855 is the Indian Financial System Code assigned to HDFC Bank, MADHAVNAGAR branch in SANGLI, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SANGLI, MADHAVNAGAR, MAHARASHTRA. The full address is: SHAH RESIDENCY 295 MANGALWARPETH OPP JAIN MANDIR MADHAVNAGAR MADHAVNAGAR MAHARASHTRA 416406

The branch code is 007855. 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 416240159. 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: HDFC0007855
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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