IFSC Code HDFC0002423 - Hdfc Bank Parkal
PARKAL 3 546 A V.V.R COMPLEX MAIN ROAD PARKAL ANDHRA PRADESH 506164
Quick Info
IFSC: HDFC0002423
Pincode: 506164
District: Warangal
Status: Active
About Hdfc Bank Parkal
IFSC Code HDFC0002423 belongs to Hdfc Bank Parkal branch located in Parkal, Warangal, Telangana. This branch serves customers in Parkal, Warangal, Telangana and surrounding areas.
Understanding IFSC Code HDFC0002423
The IFSC (Indian Financial System Code) HDFC0002423 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (HDFC): Bank code identifying Hdfc Bank
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (002423): Unique branch identifier for Parkal
Electronic Fund Transfer Services
IFSC Code HDFC0002423 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Hdfc Bank Parkal branch is located at PARKAL 3 546 A V.V.R COMPLEX MAIN ROAD PARKAL ANDHRA PRADESH 506164 (Pincode: 506164) in Parkal, Warangal, Telangana. This location serves customers in Parkal, Warangal, Telangana and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code HDFC0002423 to ensure the transaction is routed correctly.
How to Use IFSC Code HDFC0002423
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: HDFC0002423 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Hdfc Bank Branches
If you're looking for other Hdfc Bank branches in Parkal, Warangal, Telangana or nearby areas, use our Hdfc Bank branch finder. You can search by city, district, or state to find all Hdfc Bank branches with their respective IFSC codes.
Branch Details
| IFSC Code: | HDFC0002423 |
| Bank Name: | Hdfc Bank |
| Branch Name: | Parkal |
| Address: | PARKAL 3 546 A V.V.R COMPLEX MAIN ROAD PARKAL ANDHRA PRADESH 506164 |
| City: | Parkal |
| District: | Warangal |
| State: | Telangana |
| Pincode: | 506164 |
Payment Services Available
Hdfc Bank Parkal Branch IFSC Code HDFC0002423 — Complete Banking Guide for Parkal, Telangana
IFSC code HDFC0002423 belongs to the Parkal branch of Hdfc Bank in Parkal, Warangal district, Telangana. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC HDFC0002423 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Hdfc Bank, Parkal Branch
The Parkal branch of Hdfc Bank in Parkal, Telangana serves retail and corporate customers in Warangal district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC HDFC0002423 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC HDFC0002423
Four primary digital payment rails use IFSC HDFC0002423 for transfers to Hdfc Bank, Parkal: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC HDFC0002423 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Parkal branch of Hdfc Bank in Parkal carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC HDFC0002423 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC HDFC0002423 Before Transferring
Before initiating any high-value transfer to IFSC HDFC0002423, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Hdfc Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Hdfc Bank Parkal, Parkal IFSC
What is the IFSC of Hdfc Bank Parkal in Parkal?
The IFSC of Hdfc Bank, Parkal branch in Parkal, Telangana is HDFC0002423. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC HDFC0002423?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC HDFC0002423 to route funds to Hdfc Bank, Parkal, Parkal.
Who assigns IFSC codes like HDFC0002423?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Hdfc Bank applied for the IFSC for its Parkal branch in Parkal, and RBI issued HDFC0002423 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC HDFC0002423 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC HDFC0002423 at Hdfc Bank, Parkal, Parkal. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC HDFC0002423.
About IFSC Code HDFC0002423
IFSC Code HDFC0002423 belongs to Hdfc Bank branch Parkal located in Parkal, Warangal, Telangana.
Branch Information
- IFSC Code: HDFC0002423
- Bank: Hdfc Bank
- Branch: Parkal
- Address: PARKAL 3 546 A V.V.R COMPLEX MAIN ROAD PARKAL ANDHRA PRADESH 506164
- City: Parkal
- District: Warangal
- State: Telangana
- Pincode: 506164
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available