HDFC Bank THE BANASKANTHA MERCANTILE CO B LTD IFSC Code

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.

• The first four characters (HDFC) identify the bank.
• The fifth character (0) is reserved and usually zero.
• The last six characters (CTBMC1) identify the branch.

For example, HDFC0CTBMC1 is the IFSC code for HDFC Bank THE BANASKANTHA MERCANTILE CO B LTD branch in AHMADABAD. This IFSC code is used for NEFT, RTGS, IMPS and online banking transactions.