Use this page as a one-stop reference for everything related to HDFC Bank's SHENOY NAGAR branch in CHENNAI, TAMIL NADU. The branch's IFSC code HDFC0001587 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, HDFC0001587 is the IFSC of HDFC Bank's SHENOY NAGAR branch. The format is fixed: HDFC = bank code, 0 = reserved, 001587 = branch identifier.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Shenoy Nagar |
| IFSC Code | HDFC0001587 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HDFC BANK LTD OLD NO 32 NEW NO 11 EAST PARK ROAD OPP TO METRO RAILWAY STATION SHENOY NAGAR CHENNAI |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| STD Code | 44 |
| Phone | 61606161 |
Bank profile
HDFC Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Shenoy Nagar branch — IFSC HDFC0001587 — extends the bank's services to customers in and around Chennai, Tamil Nadu.
About the Shenoy Nagar branch
The Shenoy Nagar branch of HDFC Bank is situated at HDFC BANK LTD OLD NO 32 NEW NO 11 EAST PARK ROAD OPP TO METRO RAILWAY STATION SHENOY NAGAR CHENNAI. 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 HDFC0001587 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 SHENOY NAGAR of HDFC Bank — its own 11-character IFSC. The code HDFC0001587 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 HDFC0001587 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC HDFC0001587
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 HDFC0001587 across all three.
How to use IFSC HDFC0001587 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to HDFC Bank's SHENOY NAGAR 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 HDFC0001587.
- Confirm the bank name auto-populates as HDFC Bank and the branch as SHENOY NAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to SHENOY NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at HDFC Bank's SHENOY NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC HDFC0001587 while initiating the transfer and the credit will appear within minutes.
IMPS to HDFC Bank SHENOY NAGAR (IFSC HDFC0001587)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC HDFC0001587 in your mobile or internet banking app, and the money is credited to the SHENOY NAGAR branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Shenoy Nagar
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 HDFC0001587:
- 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 SHENOY NAGAR is still linked to IFSC HDFC0001587.
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.
UPI payments and IFSC HDFC0001587
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 – SHENOY NAGAR is still mapped to IFSC HDFC0001587. 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 HDFC0001587 and the beneficiary's account number to complete the transfer.
Account types you can open at the Shenoy Nagar branch
Once you have an account at HDFC Bank – SHENOY NAGAR, the IFSC HDFC0001587 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.
Products and services
Customers walking into the Shenoy Nagar branch can access most of HDFC Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC HDFC0001587
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 HDFC0001587 and the account number together uniquely identify the Shenoy Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Shenoy Nagar 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 HDFC0001587 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.
Common mistakes to avoid when using IFSC HDFC0001587
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 – SHENOY NAGAR, 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:
HDFC0001587. - 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.
How to reach the Shenoy Nagar branch
The branch is located at HDFC BANK LTD OLD NO 32 NEW NO 11 EAST PARK ROAD OPP TO METRO RAILWAY STATION SHENOY NAGAR CHENNAI, which puts it inside Chennai, the broader Chennai district, and the state of Tamil Nadu. To plan your visit:
- Open Google Maps on your phone and search for “HDFC Bank Shenoy Nagar branch” — the verified location pin for IFSC HDFC0001587 should appear at the top of the results.
- Confirm the branch is open by calling 44-61606161 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC HDFC0001587 and your account number.
Verifying IFSC HDFC0001587 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 HDFC0001587 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 44-61606161.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Shenoy Nagar 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 HDFC0001587 continue to work without interruption.
Branch address & contact
HDFC BankShenoy Nagar Branch
HDFC BANK LTD OLD NO 32 NEW NO 11 EAST PARK ROAD OPP TO METRO RAILWAY STATION SHENOY NAGAR CHENNAI
Chennai, Tamil Nadu
Phone: 44-61606161
IFSC: HDFC0001587
Frequently asked questions
Where is HDFC Bank Shenoy Nagar branch located?
HDFC Bank's Shenoy Nagar branch is located at HDFC BANK LTD OLD NO 32 NEW NO 11 EAST PARK ROAD OPP TO METRO RAILWAY STATION SHENOY NAGAR CHENNAI, Chennai, Tamil Nadu.
How do I add HDFC Bank Shenoy Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC HDFC0001587, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using HDFC0001587 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to HDFC Bank – Shenoy Nagar reflect within 30 minutes.
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 Shenoy Nagar branch but serve different purposes.
Is IFSC HDFC0001587 valid for NEFT and RTGS?
Yes. IFSC HDFC0001587 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC HDFC0001587 the same for all accounts at Shenoy Nagar branch?
Yes. The IFSC HDFC0001587 is shared by every account held at HDFC Bank's Shenoy Nagar branch. Only the account number changes from customer to customer.
Summary
The IFSC code HDFC0001587 belongs to HDFC Bank's SHENOY NAGAR branch, located at HDFC BANK LTD OLD NO 32 NEW NO 11 EAST PARK ROAD OPP TO METRO RAILWAY STATION… in CHENNAI, TAMIL NADU. 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.
