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HDFC Bank · Hoshangabad

HDFC0005587: HDFC Bank, Babai

IFSC code HDFC0005587 belongs to the Babai branch of HDFC Bank in Hoshangabad, Madhya Pradesh. Its MICR code is 461240004.

IFSC
HDFC0005587
MICR
461240004
Bank
HDFC Bank
Branch
Babai
District
Hoshangabad
State
Madhya Pradesh
SWIFT
HDFCINBB

Branch address

HDFC Bank
Ground Floor Main Road Near SBI Bank Babai Madhya Pradesh 461661

Open in a map · Pincode 461661: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

HDFC is HDFC Bank's bank code, the fifth character 0 is kept for future use, and 005587 is the code of the Babai branch. In the MICR code 461240004, 461 is the city, 240 the bank and 004 the branch.

Other HDFC Bank branches in Hoshangabad

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of HDFC Bank's Babai branch (Hoshangabad, Madhya Pradesh) is HDFC0005587.

  2. 461240004. MICR is printed at the bottom of the branch's cheques.

  3. Ground Floor Main Road Near SBI Bank Babai Madhya Pradesh 461661

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC HDFC0005587 with the beneficiary's account number.

  5. HDFCINBB, for international transfers.

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