HDFC Bank BABAI Branch IFSC Code

HDFC 0005587
HDFC Bank Logo HDFC Bank
BABAI — HOSHANGABAD, MADHYA PRADESH
MICR: 461240004 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
HDFC Bank
Branch
BABAI
IFSC Code
HDFC0005587
MICR Code
461240004
Address
GROUND FLOOR MAIN ROAD NEAR SBI BANK BABAI MADHYA PRADESH 461661
Open in Google Maps
City
HOSHANGABAD
District
BABAI
State
MADHYA PRADESH
Contact
+9173161606161
SWIFT Code
HDFCINBB

How to Use This IFSC Code

NEFT Transfer

Use IFSC code HDFC0005587 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code HDFC0005587.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code HDFC0005587.

IFSC Code Structure

H
D
F
C
0
0
0
5
5
8
7
  • HDFC — Bank code (HDFC Bank)
  • 0 — Reserved (always 0)
  • 005587 — Branch code (BABAI)

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HOSHANGABAD

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MICR: 461240006 RTGS ✓ NEFT ✓ IMPS ✓
View all HDFC Bank branches in HOSHANGABAD →

Frequently Asked Questions

Is HDFC0005587 valid for online transfer?
Yes, HDFC0005587 is a valid IFSC code for HDFC Bank BABAI branch in HOSHANGABAD, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does HDFC0005587 belong to?
HDFC0005587 belongs to HDFC Bank. The first 4 characters "HDFC" identify the bank.
What is the MICR code for this branch?
The MICR code for HDFC Bank BABAI is 461240004. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using HDFC0005587?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.