SALEM, TAMIL NADU
IFSC Code
HDFC0010551
MICR Code
636240027
Branch
SALEM STEEL PLANT
Bank
HDFC Bank
District
SALEM
State
TAMIL NADU
Contact
+9118002026161
Address
HDFC BANK LTD GROUND FLOOR MOHAN NAGAR TOWNSHIP SALEM STEEL PLANT SALEM TAMIL NADU 636030
To move funds into an account held at SALEM STEEL PLANT (HDFC Bank) using NEFT, the sender's bank needs this branch's IFSC code — HDFC0010551. NEFT settles in batches throughout the day, so it's a good fit for transfers that don't need to land instantly.
RTGS is the go-to option when transferring large sums (₹2 lakh+) to SALEM STEEL PLANT in SALEM, since each transfer is settled individually and immediately rather than bundled with others.
Need money at HDFC Bank, SALEM STEEL PLANT right now? IMPS settles instantly, 24x7, including weekends and holidays — unlike NEFT/RTGS, which follow banking-hour batch or settlement windows.
A distinction that matters if you're transferring to SALEM STEEL PLANT: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.
| Method | System Hours | If Visiting SALEM STEEL PLANT In Person |
|---|---|---|
| NEFT | 24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019) | Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours. |
| RTGS | 24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020) | Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests. |
| IMPS | 24x7x365 — always has been, no banking-hours restriction at the system level. | Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh). |
The IFSC code for HDFC Bank's SALEM STEEL PLANT branch in SALEM, TAMIL NADU is HDFC0010551. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.
The MICR code for this branch is 636240027. MICR codes are used for cheque clearing, while the IFSC code (HDFC0010551) is what's needed for electronic transfers like NEFT and RTGS.
This branch is located at: HDFC BANK LTD GROUND FLOOR MOHAN NAGAR TOWNSHIP SALEM STEEL PLANT SALEM TAMIL NADU 636030. It falls under SALEM district, TAMIL NADU.
Yes — the same IFSC code (HDFC0010551) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.
Yes, this branch's listed contact number is +9118002026161.
IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.