HDFC BANKVerified Feb 2026

HDFC BANK IFSC Code – PALDA, INDORE

Complete bank details including IFSC code, MICR code, address and payment facilities for PALDA branch.

IFSC Code
HDFC0004199

Bank Details

Bank NameHDFC BANK
Branch NamePALDA
IFSC CodeHDFC0004199
MICR Code452240017
AddressHDFC BANK LTD 187 2 PALDA NEMWAR ROAD INDORE INDORE MADHYA PRADESH 452020
CityINDORE
StateMADHYA PRADESH
Contact9893603333

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code HDFC0004199

The IFSC code HDFC0004199 uniquely identifies the PALDA branch of HDFC BANK located in INDORE, MADHYA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code HDFC0004199

  • First 4 characters (HDFC) – Represents HDFC BANK bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (004199) – Unique branch identifier for PALDA

How to Use IFSC Code HDFC0004199

To transfer money to any account at HDFC BANK PALDA branch, you will need to provide the IFSC code HDFC0004199 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at PALDA

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About HDFC BANK PALDA Branch

HDFC BANK PALDA is a branch of HDFC BANK located in INDORE, MADHYA PRADESH. The branch provides comprehensive banking services to customers in INDORE and surrounding areas.

Branch Address

HDFC BANK LTD 187 2 PALDA NEMWAR ROAD INDORE INDORE MADHYA PRADESH 452020, INDORE, MADHYA PRADESH

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 452240017. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of HDFC BANK PALDA?

The IFSC code of HDFC BANK PALDA branch in INDORE is HDFC0004199.

What is the MICR code of HDFC BANK PALDA?

The MICR code of HDFC BANK PALDA branch is 452240017.

What is the address of HDFC BANK PALDA?

HDFC BANK PALDA branch is located at HDFC BANK LTD 187 2 PALDA NEMWAR ROAD INDORE INDORE MADHYA PRADESH 452020.

Does HDFC BANK PALDA support NEFT/RTGS/IMPS?

HDFC BANK PALDA branch supports NEFT, RTGS, IMPS, and UPI transactions.