If you are searching for the IFSC code of HDFC Bank, MILL ROAD ASHOKNAGAR branch in ASHOK NAGAR, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is HDFC0008457. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the MILL ROAD ASHOKNAGAR branch, and detailed step-by-step guides for using the IFSC HDFC0008457 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For HDFC Bank's MILL ROAD ASHOKNAGAR branch, the IFSC HDFC0008457 breaks down as follows: HDFC identifies the bank, 0 is the reserved character, and 008457 identifies this particular branch.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Mill Road Ashoknagar |
| IFSC Code | HDFC0008457 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GRD FLOOR KHASRA NO 380 2 MILL ROAD NR RAILWAY STATION NEAR MUTHOOT FINANCE ASHOK NAGAR MADHYA PRADESH 473331 |
| City | Ashok Nagar |
| District | Ashok Nagar |
| State | Madhya Pradesh |
| STD Code | 1800 |
| Phone | 2026161 |
About the bank
HDFC Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mill Road Ashoknagar branch in Ashok Nagar, Madhya Pradesh is part of this network and uses the IFSC code HDFC0008457 for all electronic settlement.
About this branch
The branch is located at GRD FLOOR KHASRA NO 380 2 MILL ROAD NR RAILWAY STATION NEAR MUTHOOT FINANCE ASHOK NAGAR MADHYA PRADESH 473331. It serves the Ashok Nagar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of HDFC Bank. The IFSC HDFC0008457 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how HDFC Bank's MILL ROAD ASHOKNAGAR branch came to be assigned the code HDFC0008457.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC HDFC0008457, money simply cannot be routed to the MILL ROAD ASHOKNAGAR branch electronically.
How to transfer money using IFSC HDFC0008457
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 HDFC0008457 across all three.
How to use IFSC HDFC0008457 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to HDFC Bank's MILL ROAD ASHOKNAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC HDFC0008457.
- Confirm the bank name auto-populates as HDFC Bank and the branch as MILL ROAD ASHOKNAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC HDFC0008457
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 – MILL ROAD ASHOKNAGAR, ensure your bank's portal accepts IFSC HDFC0008457 while registering the beneficiary. RTGS is also available 24x7.
IMPS to HDFC Bank MILL ROAD ASHOKNAGAR (IFSC HDFC0008457)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC HDFC0008457 in your mobile or internet banking app, and the money is credited to the MILL ROAD ASHOKNAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC HDFC0008457 for HDFC Bank – MILL ROAD ASHOKNAGAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – HDFC0008457 | Yes – HDFC0008457 | Yes – HDFC0008457 |
For most retail customers crediting the Mill Road Ashoknagar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC HDFC0008457
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at HDFC Bank – MILL ROAD ASHOKNAGAR is still mapped to IFSC HDFC0008457. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC HDFC0008457 and the beneficiary's account number to complete the transfer.
Account types you can open at the Mill Road Ashoknagar branch
Once you have an account at HDFC Bank – MILL ROAD ASHOKNAGAR, the IFSC HDFC0008457 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Banking services available
The Mill Road Ashoknagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 1800-2026161.
- 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 HDFC0008457
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by HDFC Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC HDFC0008457 and the account number together uniquely identify the Mill Road Ashoknagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC HDFC0008457
HDFC Bank customers can register for net banking and the bank's official mobile app once their account at the MILL ROAD ASHOKNAGAR 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 HDFC0008457 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.
Common mistakes to avoid when using IFSC HDFC0008457
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to HDFC Bank – MILL ROAD ASHOKNAGAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
HDFC0008457. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Mill Road Ashoknagar branch sits at GRD FLOOR KHASRA NO 380 2 MILL ROAD NR RAILWAY STATION NEAR MUTHOOT FINANCE ASHOK NAGAR MADHYA PRADESH 473331. If you are travelling from outside Ashok Nagar, search for the branch on a maps application using the bank name and locality, or call 1800-2026161 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 HDFC0008457 and your account number.
Verifying IFSC HDFC0008457 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 HDFC0008457 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 1800-2026161.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Mill Road Ashoknagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC HDFC0008457, however, work 24x7.
Branch address & contact
HDFC BankMill Road Ashoknagar Branch
GRD FLOOR KHASRA NO 380 2 MILL ROAD NR RAILWAY STATION NEAR MUTHOOT FINANCE ASHOK NAGAR MADHYA PRADESH 473331
Ashok Nagar, Madhya Pradesh
Phone: 1800-2026161
IFSC: HDFC0008457
Frequently asked questions
What is the phone number of HDFC Bank Mill Road Ashoknagar branch?
You can reach the branch at 1800-2026161 during regular banking hours.
Where is HDFC Bank Mill Road Ashoknagar branch located?
HDFC Bank's Mill Road Ashoknagar branch is located at GRD FLOOR KHASRA NO 380 2 MILL ROAD NR RAILWAY STATION NEAR MUTHOOT FINANCE ASHOK NAGAR MADHYA PRADESH 473331, Ashok Nagar, Madhya Pradesh.
What is the IFSC code of HDFC Bank Mill Road Ashoknagar branch?
The IFSC code of HDFC Bank, Mill Road Ashoknagar branch is HDFC0008457. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does HDFC Bank Mill Road Ashoknagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 1800-2026161 to confirm.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mill Road Ashoknagar branch but serve different purposes.
Is IFSC HDFC0008457 the same for all accounts at Mill Road Ashoknagar branch?
Yes. The IFSC HDFC0008457 is shared by every account held at HDFC Bank's Mill Road Ashoknagar branch. Only the account number changes from customer to customer.
Can I use IFSC HDFC0008457 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC HDFC0008457 to send funds instantly.
Summary
The IFSC code HDFC0008457 belongs to HDFC Bank's MILL ROAD ASHOKNAGAR branch, located at GRD FLOOR KHASRA NO 380 2 MILL ROAD NR RAILWAY STATION NEAR MUTHOOT FINANCE… in ASHOK NAGAR, MADHYA PRADESH. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
