Below are the complete branch details for HDFC Bank, EMSCOT HOUSE branch, located in MARGAO, GOA. The IFSC assigned by the Reserve Bank of India to this branch is HDFC0001221. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case HDFC0001221 for HDFC Bank – EMSCOT HOUSE — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, HDFC0001221 is the IFSC of HDFC Bank's EMSCOT HOUSE branch. The format is fixed: HDFC = bank code, 0 = reserved, 001221 = branch identifier.
About HDFC Bank
HDFC Bank operates a wide network of branches across India, including the Emscot House branch in Margao. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, HDFC0001221.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Emscot House |
| IFSC Code | HDFC0001221 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 207, EMSCOT HOUSELUIS MIRANDA RDMARGAO |
| City | Margao |
| District | South Goa |
| State | Goa |
| STD Code | 91 |
| Phone | 9890603333 |
Emscot House branch overview
Located at 207, EMSCOT HOUSELUIS MIRANDA RDMARGAO, the Emscot House branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC HDFC0001221 is required for all interbank electronic transfers routed through this branch.
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 EMSCOT HOUSE branch came to be assigned the code HDFC0001221.
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 HDFC0001221, money simply cannot be routed to the EMSCOT HOUSE branch electronically.
Products and account variants supported
Every account opened at the Emscot House branch is mapped to IFSC HDFC0001221 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 HDFC0001221.
Banking services available
The Emscot House branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-9890603333.
- 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 HDFC0001221
How to transfer money using IFSC HDFC0001221
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 HDFC0001221 across all three.
How to use IFSC HDFC0001221 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to HDFC Bank's EMSCOT HOUSE 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 HDFC0001221.
- Confirm the bank name auto-populates as HDFC Bank and the branch as EMSCOT HOUSE.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC HDFC0001221
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 – EMSCOT HOUSE, ensure your bank's portal accepts IFSC HDFC0001221 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to HDFC Bank – EMSCOT HOUSE, use IMPS. With IFSC HDFC0001221 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 HDFC0001221 for HDFC Bank – EMSCOT HOUSE, 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 – HDFC0001221 | Yes – HDFC0001221 | Yes – HDFC0001221 |
For most retail customers crediting the Emscot House 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 HDFC0001221
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 – EMSCOT HOUSE is still mapped to IFSC HDFC0001221. 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 HDFC0001221 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Emscot House 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 HDFC0001221 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 Emscot House branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC HDFC0001221 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC HDFC0001221
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 – EMSCOT HOUSE, 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:
HDFC0001221. - 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 Emscot House branch sits at 207, EMSCOT HOUSELUIS MIRANDA RDMARGAO. If you are travelling from outside Margao, search for the branch on a maps application using the bank name and locality, or call 91-9890603333 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 HDFC0001221 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC HDFC0001221 for HDFC Bank – EMSCOT HOUSE, 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 Emscot House 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 HDFC0001221 continue to work without interruption.
Branch address & contact
HDFC BankEmscot House Branch
207, EMSCOT HOUSELUIS MIRANDA RDMARGAO
Margao, Goa
Phone: 91-9890603333
IFSC: HDFC0001221
Frequently asked questions
What is the phone number of HDFC Bank Emscot House branch?
You can reach the branch at 91-9890603333 during regular banking hours.
Does HDFC Bank Emscot House branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9890603333 to confirm.
Is IFSC HDFC0001221 the same for all accounts at Emscot House branch?
Yes. The IFSC HDFC0001221 is shared by every account held at HDFC Bank's Emscot House branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using HDFC0001221 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to HDFC Bank – Emscot House reflect within 30 minutes.
Can I use IFSC HDFC0001221 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC HDFC0001221 to send funds instantly.
Where is HDFC Bank Emscot House branch located?
HDFC Bank's Emscot House branch is located at 207, EMSCOT HOUSELUIS MIRANDA RDMARGAO, Margao, Goa.
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 Emscot House branch but serve different purposes.
Is IFSC HDFC0001221 valid for NEFT and RTGS?
Yes. IFSC HDFC0001221 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code HDFC0001221 belongs to HDFC Bank's EMSCOT HOUSE branch, located at 207, EMSCOT HOUSELUIS MIRANDA RDMARGAO in MARGAO, GOA. 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.
