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HDFC Bank · Alluri Sitharama Raju

HDFC0007940: HDFC Bank, Paderu

IFSC code HDFC0007940 belongs to the Paderu branch of HDFC Bank in Alluri Sitharama Raju, Andhra Pradesh. Its MICR code is 531240011.

IFSC
HDFC0007940
MICR
531240011
Bank
HDFC Bank
Branch
Paderu
District
Alluri Sitharama Raju
State
Andhra Pradesh
SWIFT
HDFCINBB

Branch address

HDFC Bank
GRD Floor ZPTC Banglow Down G Madugula Road Paderu Alluri Gudivada Andhra Pradesh 531024

Open in a map · Pincode 531024: 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 007940 is the code of the Paderu branch. In the MICR code 531240011, 531 is the city, 240 the bank and 011 the branch.

Other HDFC Bank branches in Alluri Sitharama Raju

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 Paderu branch (Alluri Sitharama Raju, Andhra Pradesh) is HDFC0007940.

  2. 531240011. MICR is printed at the bottom of the branch's cheques.

  3. GRD Floor ZPTC Banglow Down G Madugula Road Paderu Alluri Gudivada Andhra Pradesh 531024

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC HDFC0007940 with the beneficiary's account number.

  5. HDFCINBB, for international transfers.

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