Menu

Home » BSR code » Hdfc Bank » Maharashtra


Search BSR Codes of HDFC Bank in Maharashtra


Hdfc Bank Maharashtra BSR Code


BSR Codes of HDFC Bank in Ahmednagar BSR Codes of HDFC Bank in Akola BSR Codes of HDFC Bank in Amravati BSR Codes of HDFC Bank in Aurangabad BSR Codes of HDFC Bank in Bid BSR Codes of HDFC Bank in Brihan Mumbai BSR Codes of HDFC Bank in Buldhana BSR Codes of HDFC Bank in Chandrapur BSR Codes of HDFC Bank in Dhule BSR Codes of HDFC Bank in Dhulia BSR Codes of HDFC Bank in Gondia BSR Codes of HDFC Bank in Hingoli BSR Codes of HDFC Bank in Jalgaon BSR Codes of HDFC Bank in Jalna BSR Codes of HDFC Bank in Kolhapur BSR Codes of HDFC Bank in Latur BSR Codes of HDFC Bank in Mumbai BSR Codes of HDFC Bank in Nagpur BSR Codes of HDFC Bank in Nanded BSR Codes of HDFC Bank in Nandurbar BSR Codes of HDFC Bank in Nashik BSR Codes of HDFC Bank in Nasik BSR Codes of HDFC Bank in Parbhani BSR Codes of HDFC Bank in Pune BSR Codes of HDFC Bank in Raigad BSR Codes of HDFC Bank in Ratnagiri BSR Codes of HDFC Bank in Sangli BSR Codes of HDFC Bank in Satara BSR Codes of HDFC Bank in Sindhudurg BSR Codes of HDFC Bank in Solapur BSR Codes of HDFC Bank in Thane BSR Codes of HDFC Bank in Vashi, Mumbai BSR Codes of HDFC Bank in Wardha BSR Codes of HDFC Bank in Washim BSR Codes of HDFC Bank in Yavatmal



















What is BSR Code for HDFC Bank’s Branches in Maharashtra

BSR stands for BASIC STATISTICAL RETURNS. BSR code is a seven-digit code allotted by Reserve Bank of India to all the registered banks in India. The first three digits out of the seven represent HDFC Bank whereas the remaining four digits represent HDFC Bank’s branch in Maharashtra.

Where is HDFC Bank’s Maharashtra BSR code used

Basic Statistical Returns is a system, which tries to integrate the data relating to various commercial banks and promotes the filling of the same with RBI at regular intervals. It is used in 3 particular places:

  • When TDS/TCS returns are being filed, BSR code is used in challan details and deductee details. This system is used to maintain records of the online payments and alerts the Income Tax department about the payment through banks.
  • BSR Codes also assist any international tax authority to track the payment made by an individual to a foreign country.
  • BSR Codes enables the senior citizens to receive pensions earlier.

How are HDFC Bank’s Maharashtra BSR and CIN used

CIN or Challan Identification Number is a 20-digit unique identification number that can be found on the taxpayer’s counterfoil. BSR code is used in combination with the CIN number which also comprises of the date of deposit (dd/ mm/ yy i.e. six digits) and the challan serial number in 5 digits. CIN is always unique for each challan throughout the country and thus, helps in identifying the challan in the OLTAS.


What is the difference between HDFC Bank’s Maharashtra BSR code and IFSC code?

Although, both IFSC codes and BSR codes help uniquely identify a particular bank branch, they are different in 2 ways.
5. The number of digits used to represent each code is different. IFSC is an 11-digit alphanumeric code, while BSR code is a seven-digit code.
6. An IFSC code is used while making online money transfers through RTGS (Real-time gross settlement systems) and NEFT (national electronic fund transfer), while BSR codes are used for filing online TDS/TCS returns or for easy distribution of pension among retired Government employees