HDFC is an acronym for Housing Development Financial Corporation and is an Indian banking and financial services company headquartered in Mumbai.
HDFC Bank was formed as a legal corporation in August 1994 and commenced operations as a Scheduled Commercial Bank in January 1995. And this financial institution is not limited within the country, but has widespread all over the world, for example, Bahrain, Hong Kong etc.
HDFC Bank is the second largest private sector lender in the country and ranked as the largest bank in India according to market capitalization.
Their mission is to be a “World Class Indian Bank”.
It is extremely gratifying that our efforts towards providing customer convenience have been appreciated both nationally and internationally
Products and Services Offered by HDFC Bank
HDFC bank offers a bouquet of products and services to its customers.
- Accounts and Deposits
- Savings MAX Account
- Regular Savings Account
- Women’s Savings Account
- Kid’s Advantage Account
- Senior Citizens Account
- Family Savings Group Account
- Basic Savings Bank Deposit Account
- Institutional Savings Account
- BSBDA Small Account
- Personal Loan
- Car Loans
- Two – Wheeler Loans
- Business Loans
- Home Loan
- Loan Against Assets
- Educational Loans
- Gold Loan
IFSC Code of HDFC Bank
IFSC Code is an 11-digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.
In IFS Code
- First four characters identify the bank name i.e. HDFC
- The fifth character is always 0
- And the last character represents the branch address i.e. 004404