Use this page as a one-stop reference for everything related to HDFC Bank's BHANJANAGAR branch in BHANJANAGAR, ODISHA. The branch's IFSC code HDFC0002981 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.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, HDFC0002981 is the IFSC of HDFC Bank's BHANJANAGAR branch. The format is fixed: HDFC = bank code, 0 = reserved, 002981 = branch identifier.
About the bank
HDFC Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Bhanjanagar branch in Bhanjanagar, Odisha is part of this network and uses the IFSC code HDFC0002981 for all electronic settlement.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Bhanjanagar |
| IFSC Code | HDFC0002981 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HDFC BANK LTD., MAIN ROAD, BHANJANAGAR, DIST. GANJAM, ODISHA, GANJAM ORISSA 761152 |
| City | Bhanjanagar |
| District | Ganjam |
| State | Odisha |
| STD Code | 91 |
| Phone | 9937903333 |
About the Bhanjanagar branch
The Bhanjanagar branch of HDFC Bank is situated at HDFC BANK LTD., MAIN ROAD, BHANJANAGAR, DIST. GANJAM, ODISHA, GANJAM ORISSA 761152. 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 HDFC0002981 is used.
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 BHANJANAGAR branch came to be assigned the code HDFC0002981.
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 HDFC0002981, money simply cannot be routed to the BHANJANAGAR branch electronically.
Account types you can open at the Bhanjanagar branch
Once you have an account at HDFC Bank – BHANJANAGAR, the IFSC HDFC0002981 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 Bhanjanagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9937903333.
- 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 HDFC0002981
How to transfer money using IFSC HDFC0002981
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 HDFC0002981 across all three.
How to use IFSC HDFC0002981 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to HDFC Bank's BHANJANAGAR 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 HDFC0002981.
- Confirm the bank name auto-populates as HDFC Bank and the branch as BHANJANAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC HDFC0002981
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 – BHANJANAGAR, ensure your bank's portal accepts IFSC HDFC0002981 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to HDFC Bank – BHANJANAGAR, use IMPS. With IFSC HDFC0002981 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC HDFC0002981 for HDFC Bank – BHANJANAGAR, 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 – HDFC0002981 | Yes – HDFC0002981 | Yes – HDFC0002981 |
For most retail customers crediting the Bhanjanagar 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.
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 BHANJANAGAR branch, the IFSC HDFC0002981 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.
Digital banking channels
Most day-to-day work that customers used to do at the Bhanjanagar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC HDFC0002981 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the Bhanjanagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC HDFC0002981 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 – BHANJANAGAR:
- The IFSC is exactly HDFC0002981 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 BHANJANAGAR 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 Bhanjanagar branch sits at HDFC BANK LTD., MAIN ROAD, BHANJANAGAR, DIST. GANJAM, ODISHA, GANJAM ORISSA 761152. If you are travelling from outside Bhanjanagar, search for the branch on a maps application using the bank name and locality, or call 91-9937903333 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 HDFC0002981 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC HDFC0002981 for HDFC Bank – BHANJANAGAR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Bhanjanagar 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 HDFC0002981 continue to work without interruption.
Branch address & contact
HDFC BankBhanjanagar Branch
HDFC BANK LTD., MAIN ROAD, BHANJANAGAR, DIST. GANJAM, ODISHA, GANJAM ORISSA 761152
Bhanjanagar, Odisha
Phone: 91-9937903333
IFSC: HDFC0002981
Frequently asked questions
Is IFSC HDFC0002981 the same for all accounts at Bhanjanagar branch?
Yes. The IFSC HDFC0002981 is shared by every account held at HDFC Bank's Bhanjanagar branch. Only the account number changes from customer to customer.
Can I use IFSC HDFC0002981 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC HDFC0002981 to send funds instantly.
Where is HDFC Bank Bhanjanagar branch located?
HDFC Bank's Bhanjanagar branch is located at HDFC BANK LTD., MAIN ROAD, BHANJANAGAR, DIST. GANJAM, ODISHA, GANJAM ORISSA 761152, Bhanjanagar, Odisha.
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 Bhanjanagar branch but serve different purposes.
How quickly will an NEFT transfer using HDFC0002981 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to HDFC Bank – Bhanjanagar reflect within 30 minutes.
Does HDFC Bank Bhanjanagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9937903333 to confirm.
Is IFSC HDFC0002981 valid for NEFT and RTGS?
Yes. IFSC HDFC0002981 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code HDFC0002981 belongs to HDFC Bank's BHANJANAGAR branch, located at HDFC BANK LTD., MAIN ROAD, BHANJANAGAR, DIST. GANJAM, ODISHA, GANJAM ORISSA… in BHANJANAGAR, ODISHA. 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.
