This page lists the IFSC code, branch address, contact number and fund-transfer information for HDFC Bank, KHANDA COLONY, PANVEL branch in PANVEL. The 11-digit IFSC HDFC0002868 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 KHANDA COLONY, PANVEL 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, HDFC0002868 is the IFSC of HDFC Bank's KHANDA COLONY, PANVEL branch. The format is fixed: HDFC = bank code, 0 = reserved, 002868 = 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 Khanda Colony, Panvel branch in Panvel, Maharashtra is part of this network and uses the IFSC code HDFC0002868 for all electronic settlement.
About the Khanda Colony, Panvel branch
The Khanda Colony, Panvel branch of HDFC Bank is situated at HDFC BANK LTD. NIRMAN CO.OP. HSG. SOCI ETY LTD. SHOP NO.3 TO 5 SEC 13, KHANDACOLONY NEW PANVEL, NAVI MUMBAI RAIGAD 410206. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code HDFC0002868 is used.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Khanda Colony, Panvel |
| IFSC Code | HDFC0002868 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HDFC BANK LTD. NIRMAN CO.OP. HSG. SOCI ETY LTD. SHOP NO.3 TO 5 SEC 13, KHANDACOLONY NEW PANVEL, NAVI MUMBAI RAIGAD 410206 |
| City | Panvel |
| District | Raigad |
| State | Maharashtra |
| STD Code | 91 |
| Phone | 9890603333 |
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 KHANDA COLONY, PANVEL branch came to be assigned the code HDFC0002868.
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 HDFC0002868, money simply cannot be routed to the KHANDA COLONY, PANVEL branch electronically.
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 HDFC0002868 and the account number together uniquely identify the Khanda Colony, Panvel branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC HDFC0002868
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 HDFC0002868 across all three.
NEFT to HDFC Bank, KHANDA COLONY, PANVEL using IFSC HDFC0002868
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC HDFC0002868, and confirm that the system picks up HDFC Bank – KHANDA COLONY, PANVEL. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC HDFC0002868
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 – KHANDA COLONY, PANVEL, ensure your bank's portal accepts IFSC HDFC0002868 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to HDFC Bank – KHANDA COLONY, PANVEL, use IMPS. With IFSC HDFC0002868 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 HDFC0002868 for HDFC Bank – KHANDA COLONY, PANVEL, 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 – HDFC0002868 | Yes – HDFC0002868 | Yes – HDFC0002868 |
For most retail customers crediting the Khanda Colony, Panvel 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 HDFC0002868
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 – KHANDA COLONY, PANVEL is still mapped to IFSC HDFC0002868. 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 HDFC0002868 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Khanda Colony, Panvel branch is mapped to IFSC HDFC0002868 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 HDFC0002868.
Banking services available
The Khanda Colony, Panvel 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 HDFC0002868
Online banking and IFSC HDFC0002868
HDFC Bank customers can register for net banking and the bank's official mobile app once their account at the KHANDA COLONY, PANVEL 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 HDFC0002868 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.
Reaching the branch
The Khanda Colony, Panvel branch sits at HDFC BANK LTD. NIRMAN CO.OP. HSG. SOCI ETY LTD. SHOP NO.3 TO 5 SEC 13, KHANDACOLONY NEW PANVEL, NAVI MUMBAI RAIGAD 410206. If you are travelling from outside Panvel, 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 HDFC0002868 and your account number.
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 – KHANDA COLONY, PANVEL:
- The IFSC is exactly HDFC0002868 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 KHANDA COLONY, PANVEL 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.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Khanda Colony, Panvel branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC HDFC0002868, however, work 24x7.
Verifying IFSC HDFC0002868 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm HDFC0002868 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-9890603333.
- Visiting the bank's official branch locator page.
Branch address & contact
HDFC BankKhanda Colony, Panvel Branch
HDFC BANK LTD. NIRMAN CO.OP. HSG. SOCI ETY LTD. SHOP NO.3 TO 5 SEC 13, KHANDACOLONY NEW PANVEL, NAVI MUMBAI RAIGAD 410206
Panvel, Maharashtra
Phone: 91-9890603333
IFSC: HDFC0002868
Frequently asked questions
Is IFSC HDFC0002868 valid for NEFT and RTGS?
Yes. IFSC HDFC0002868 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC HDFC0002868 the same for all accounts at Khanda Colony, Panvel branch?
Yes. The IFSC HDFC0002868 is shared by every account held at HDFC Bank's Khanda Colony, Panvel branch. Only the account number changes from customer to customer.
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 Khanda Colony, Panvel branch but serve different purposes.
How quickly will an NEFT transfer using HDFC0002868 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to HDFC Bank – Khanda Colony, Panvel reflect within 30 minutes.
Does HDFC Bank Khanda Colony, Panvel branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-9890603333 to confirm.
What is the phone number of HDFC Bank Khanda Colony, Panvel branch?
You can reach the branch at 91-9890603333 during regular banking hours.
What is the IFSC code of HDFC Bank Khanda Colony, Panvel branch?
The IFSC code of HDFC Bank, Khanda Colony, Panvel branch is HDFC0002868. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: HDFC0002868 is the IFSC code of HDFC Bank, KHANDA COLONY, PANVEL branch, in PANVEL, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
