It is very important to find correct branch before initiating any bank process. Though all banks will have a mechnism to verify the Payments Division Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Payments Division branch is the cheque book. All banks will print the Payments Division on the cheque books. Also, your account pass book should have the Payments Division branch printed.
The address of Payments Division branch is 52/60, m.g road, mumbai -400 001, which is located in Mumbai District of Maharashtra State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for HSBC Payments Division is also provided.
Payments Division has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of HSBC Payments Division branch, fund transfer between these banks is also possible.
*The Bank Branch information information presented above is for reference only. Please verify Bank Branch details before initiating any transfer or operation!