This page lists the IFSC code, branch address, contact number and fund-transfer information for HDFC Bank, CHOITHARAM MANDI branch in INDORE. The 11-digit IFSC HDFC0008728 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with HDFC Bank at the CHOITHARAM MANDI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
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, HDFC0008728 is the IFSC of HDFC Bank's CHOITHARAM MANDI branch. The format is fixed: HDFC = bank code, 0 = reserved, 008728 = branch identifier.
About the bank
HDFC Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Choitharam Mandi branch in Indore, Madhya Pradesh is part of this network and uses the IFSC code HDFC0008728 for all electronic settlement.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Choitharam Mandi |
| IFSC Code | HDFC0008728 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR 4 AMITESH NAGAR OPP CHOITHRAM MANDI INDORE MADHYA PRADESH 452014 |
| City | Indore |
| District | Indore |
| State | Madhya Pradesh |
| STD Code | 1800 |
| Phone | 2026161 |
About this branch
The branch is located at GROUND FLOOR 4 AMITESH NAGAR OPP CHOITHRAM MANDI INDORE MADHYA PRADESH 452014. It serves the Indore region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of HDFC Bank. The IFSC HDFC0008728 is used to identify this branch on the RBI payments network.
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 CHOITHARAM MANDI branch came to be assigned the code HDFC0008728.
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 HDFC0008728, money simply cannot be routed to the CHOITHARAM MANDI branch electronically.
Products and account variants supported
Every account opened at the Choitharam Mandi branch is mapped to IFSC HDFC0008728 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 HDFC0008728.
Products and services
Customers walking into the Choitharam Mandi 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 HDFC0008728
How to transfer money using IFSC HDFC0008728
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 HDFC0008728 across all three.
How to use IFSC HDFC0008728 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to HDFC Bank's CHOITHARAM MANDI 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 HDFC0008728.
- Confirm the bank name auto-populates as HDFC Bank and the branch as CHOITHARAM MANDI.
- 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 CHOITHARAM MANDI
If you need to transfer ₹2 lakh or more in one go to an account at HDFC Bank's CHOITHARAM MANDI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC HDFC0008728 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to HDFC Bank – CHOITHARAM MANDI, use IMPS. With IFSC HDFC0008728 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Choitharam Mandi
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 HDFC0008728:
- 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 CHOITHARAM MANDI is still linked to IFSC HDFC0008728.
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 HDFC0008728
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 – CHOITHARAM MANDI is still mapped to IFSC HDFC0008728. 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 HDFC0008728 and the beneficiary's account number to complete the transfer.
Online banking and IFSC HDFC0008728
HDFC Bank customers can register for net banking and the bank's official mobile app once their account at the CHOITHARAM MANDI branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC HDFC0008728 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
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 HDFC0008728 and the account number together uniquely identify the Choitharam Mandi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to HDFC Bank – CHOITHARAM MANDI:
- The IFSC is exactly HDFC0008728 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills HDFC Bank as the bank name and CHOITHARAM MANDI as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Choitharam Mandi branch sits at GROUND FLOOR 4 AMITESH NAGAR OPP CHOITHRAM MANDI INDORE MADHYA PRADESH 452014. If you are travelling from outside Indore, search for the branch on a maps application using the bank name and locality, or call 1800-2026161 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 HDFC0008728 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC HDFC0008728 for HDFC Bank – CHOITHARAM MANDI, 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 Choitharam Mandi 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 HDFC0008728 continue to work without interruption.
Branch address & contact
HDFC BankChoitharam Mandi Branch
GROUND FLOOR 4 AMITESH NAGAR OPP CHOITHRAM MANDI INDORE MADHYA PRADESH 452014
Indore, Madhya Pradesh
Phone: 1800-2026161
IFSC: HDFC0008728
Frequently asked questions
Does HDFC Bank Choitharam Mandi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 1800-2026161 to confirm.
Is IFSC HDFC0008728 valid for NEFT and RTGS?
Yes. IFSC HDFC0008728 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is HDFC Bank Choitharam Mandi branch located?
HDFC Bank's Choitharam Mandi branch is located at GROUND FLOOR 4 AMITESH NAGAR OPP CHOITHRAM MANDI INDORE MADHYA PRADESH 452014, Indore, Madhya Pradesh.
Can I use IFSC HDFC0008728 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC HDFC0008728 to send funds instantly.
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 Choitharam Mandi branch but serve different purposes.
Is IFSC HDFC0008728 the same for all accounts at Choitharam Mandi branch?
Yes. The IFSC HDFC0008728 is shared by every account held at HDFC Bank's Choitharam Mandi branch. Only the account number changes from customer to customer.
What is the phone number of HDFC Bank Choitharam Mandi branch?
You can reach the branch at 1800-2026161 during regular banking hours.
How do I add HDFC Bank Choitharam Mandi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC HDFC0008728, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code HDFC0008728 belongs to HDFC Bank's CHOITHARAM MANDI branch, located at GROUND FLOOR 4 AMITESH NAGAR OPP CHOITHRAM MANDI INDORE MADHYA PRADESH 452014 in INDORE, MADHYA PRADESH. 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.
