IFSC Code of HDFC Bank, Progressive Mercantile Co.Op. Bank Branch, Gujarat

Use this page as a one-stop reference for everything related to HDFC Bank's PROGRESSIVE MERCANTILE CO.OP. BANK branch in AHMEDABAD, GUJARAT. The branch's IFSC code HDFC0CPMCBL is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for HDFC Bank – PROGRESSIVE MERCANTILE CO.OP. BANK is HDFC0CPMCBL. The first four letters HDFC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters CPMCBL map to this branch in AHMEDABAD, GUJARAT.

Bank profile

HDFC Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Progressive Mercantile Co.Op. Bank branch — IFSC HDFC0CPMCBL — extends the bank's services to customers in and around Ahmedabad, Gujarat.

Branch details at a glance

About the Progressive Mercantile Co.Op. Bank branch

The Progressive Mercantile Co.Op. Bank branch of HDFC Bank is situated at PROGRESSIVE BANK BHAVAN , 670/1 , STATION ROAD , AHMEDABAD - 380002. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code HDFC0CPMCBL is used.

Why every HDFC Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PROGRESSIVE MERCANTILE CO.OP. BANK of HDFC Bank — its own 11-character IFSC. The code HDFC0CPMCBL is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC HDFC0CPMCBL the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Progressive Mercantile Co.Op. Bank branch is mapped to IFSC HDFC0CPMCBL on the RBI payments network. The branch generally supports the full retail product catalogue of HDFC Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains HDFC0CPMCBL.

Banking services available

The Progressive Mercantile Co.Op. Bank branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 79-22134749.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC HDFC0CPMCBL

How to transfer money using IFSC HDFC0CPMCBL

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC HDFC0CPMCBL across all three.

NEFT to HDFC Bank, PROGRESSIVE MERCANTILE CO.OP. BANK using IFSC HDFC0CPMCBL

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC HDFC0CPMCBL, and confirm that the system picks up HDFC Bank – PROGRESSIVE MERCANTILE CO.OP. BANK. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC HDFC0CPMCBL

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to HDFC Bank – PROGRESSIVE MERCANTILE CO.OP. BANK, ensure your bank's portal accepts IFSC HDFC0CPMCBL while registering the beneficiary. RTGS is also available 24x7.

IMPS to HDFC Bank PROGRESSIVE MERCANTILE CO.OP. BANK (IFSC HDFC0CPMCBL)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC HDFC0CPMCBL in your mobile or internet banking app, and the money is credited to the PROGRESSIVE MERCANTILE CO.OP. BANK branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Progressive Mercantile Co.Op. Bank

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC HDFC0CPMCBL:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at PROGRESSIVE MERCANTILE CO.OP. BANK is still linked to IFSC HDFC0CPMCBL.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at HDFC Bank's PROGRESSIVE MERCANTILE CO.OP. BANK branch, the IFSC HDFC0CPMCBL is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Online banking and IFSC HDFC0CPMCBL

HDFC Bank customers can register for net banking and the bank's official mobile app once their account at the PROGRESSIVE MERCANTILE CO.OP. BANK branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC HDFC0CPMCBL is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR & cheque-truncation details

Cheques drawn on the Progressive Mercantile Co.Op. Bank branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC HDFC0CPMCBL for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to HDFC Bank – PROGRESSIVE MERCANTILE CO.OP. BANK:

• The IFSC is exactly HDFC0CPMCBL with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills HDFC Bank as the bank name and PROGRESSIVE MERCANTILE CO.OP. BANK as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Progressive Mercantile Co.Op. Bank branch sits at PROGRESSIVE BANK BHAVAN , 670/1 , STATION ROAD , AHMEDABAD - 380002. If you are travelling from outside Ahmedabad, search for the branch on a maps application using the bank name and locality, or call 79-22134749 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC HDFC0CPMCBL and your account number.

Verifying IFSC HDFC0CPMCBL from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm HDFC0CPMCBL by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 79-22134749.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Progressive Mercantile Co.Op. Bank are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to HDFC0CPMCBL continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: HDFC0CPMCBL is the IFSC code of HDFC Bank, PROGRESSIVE MERCANTILE CO.OP. BANK branch, in AHMEDABAD, GUJARAT. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.