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Verified Branch

HDFC Bank

PALACOLE Branch, WEST GODAVARI

IFSC Code
HDFC0002383
Required for NEFT, RTGS, IMPS money transfers
MICR Code
534240302
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

HDFC Bank Code (1-4)
0 Control Zero (5th)
002383 Branch Code (6-11)

Complete Branch Details

Full Address H NO 12 4 5 1 BESIDE BHARATHIYA VIDYA BHAVAN SCHOOL SRIRAMPET PALACOLE ANDHRA PRADESH 534260
State ANDHRA PRADESH
District / City PALAKOL
Centre / Region PALAKOL
Contact / Helpline +919949493333
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code HDFC0002383.
  4. Confirm bank name displays as HDFC Bank and branch as PALACOLE.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (HDFC0002383)

What is the IFSC code of HDFC Bank PALACOLE branch? ↓

The verified 11-digit IFSC code is HDFC0002383. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of HDFC Bank PALACOLE? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 534240302. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is H NO 12 4 5 1 BESIDE BHARATHIYA VIDYA BHAVAN SCHOOL SRIRAMPET PALACOLE ANDHRA PRADESH 534260, located in PALAKOL district, ANDHRA PRADESH.

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