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Hongkong & Shanghai Banking Corporation

AHMEDABAD BRANCH

IFSC CODE
HSBC0380002
MICR Code 380039002
Branch Code 380002
City / District AHMEDABAD
State GUJARAT
Office Address MARDIA PLAZA C G ROAD AHMEDABAD 380 006
Phone Not Available
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Hongkong & Shanghai Banking Corporation

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the AHMEDABAD branch of Hongkong & Shanghai Banking Corporation, the code HSBC0380002 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the HSBC0380002 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"HSBC" represents Hongkong & Shanghai Banking Corporation

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for AHMEDABAD

Payment Systems Supported by HSBC0380002

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—380039002—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Hongkong & Shanghai Banking Corporation in AHMEDABAD typically follows the RBI holiday calendar. Digital transfers via HSBC0380002 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While HSBC0380002 is the valid code for AHMEDABAD at AHMEDABAD, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Hongkong & Shanghai Banking Corporation Branch List
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  • • Swift Code for Hongkong & Shanghai Banking Corporation
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Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
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Branch Context

  • • AHMEDABAD Contact
  • • Address of Hongkong & Shanghai Banking Corporation
  • • MICR Code Finder
  • • GUJARAT Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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