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AJNALA    1 Branches
AMARKOT    1 Branches
AMRITSAR    1 Branches
ATTARI    1 Branches
BABA BAKALA    1 Branches
BEAS    1 Branches
BHIKHIWIND    1 Branches
BUNDALA    1 Branches
BUTALA    1 Branches
CHABAL KALAN    1 Branches
CHAMYARI    1 Branches
CHAWINDA DEVI    1 Branches
CHHEHARTA - AMRITSAR    1 Branches
CHOGAWAN    1 Branches
CHOLA SAHIB    1 Branches
COURT ROAD    1 Branches
DERA BABA NANAK    1 Branches
DHAND    1 Branches
DHOTIAN    1 Branches
FATEHBAD    1 Branches
FATEHGARH SHUKARCHAK    1 Branches
GAGGO MAHAL    1 Branches
HARI KE PATTAN    1 Branches
JALALABAD    1 Branches
JANDIALA GURU    1 Branches
JASRAUR    1 Branches
KHADAUR SAHIB    1 Branches
KHALCHIAN    1 Branches
KHALRA    1 Branches
KHEMKARAN NP    1 Branches
KOHALI    1 Branches
KOT BHUDDA    1 Branches
LASHKARI NANGAL    1 Branches
LAWRENCE ROAD    1 Branches
LOHARKA    1 Branches
LOPOKE    1 Branches
MAJHWIND    1 Branches
MAJITHA    1 Branches
MANAWALA    1 Branches
MIRAN KOT KALAN    1 Branches
MUDHAL    1 Branches
NAUSHEHRA PANNUAN    1 Branches
NAUSHERA    1 Branches
NAWAN PIND    1 Branches
OTHIAN    1 Branches
PAKHARPUR    1 Branches
PATTI    1 Branches
RAJA SANSI    1 Branches
RAMDAS - M CL    1 Branches
RAYYA    1 Branches
SABHRA    1 Branches
SATHIAL    1 Branches
SHAMCHURASI    1 Branches
SRI GOINDWAL SAHIB    1 Branches
SURSING    1 Branches
TAKHU CHAK    1 Branches
TANGRA    1 Branches
TARN TARAN    1 Branches
TARSIKKA    1 Branches
THE MALL AMRITSAR    1 Branches

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Rate Date : 25/12/24

We found 70 Branches available for HDFC BANK, PUNJAB, AMRITSAR

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.