Use this page as a one-stop reference for everything related to HDFC Bank's VEREM branch in VEREM, GOA. The branch's IFSC code HDFC0003368 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For HDFC Bank's VEREM branch, the IFSC HDFC0003368 breaks down as follows: HDFC identifies the bank, 0 is the reserved character, and 003368 identifies this particular branch.
About HDFC Bank
HDFC Bank operates a wide network of branches across India, including the Verem branch in Verem. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, HDFC0003368.
Branch details at a glance
| Bank Name | HDFC Bank |
|---|---|
| Branch | Verem |
| IFSC Code | HDFC0003368 |
| MICR Code | Refer to cheque leaf |
| Branch Address | HDFC BANK LTD., SHOP NO.10, GF, GOPAL CLASSIC, BUILDING A, OPP. TO UNITY HALL, VEREM, BRADEZ, NORTH GOA GOA 403114 |
| City | Verem |
| District | North Goa |
| State | Goa |
| STD Code | 91 |
| Phone | 9890603333 |
About the Verem branch
The Verem branch of HDFC Bank is situated at HDFC BANK LTD., SHOP NO.10, GF, GOPAL CLASSIC, BUILDING A, OPP. TO UNITY HALL, VEREM, BRADEZ, NORTH GOA GOA 403114. 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 HDFC0003368 is used.
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 VEREM branch came to be assigned the code HDFC0003368.
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 HDFC0003368, money simply cannot be routed to the VEREM branch electronically.
Account types you can open at the Verem branch
Once you have an account at HDFC Bank – VEREM, the IFSC HDFC0003368 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Verem 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 HDFC0003368
How to transfer money using IFSC HDFC0003368
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 HDFC0003368 across all three.
NEFT to HDFC Bank, VEREM using IFSC HDFC0003368
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 HDFC0003368, and confirm that the system picks up HDFC Bank – VEREM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC HDFC0003368
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 – VEREM, ensure your bank's portal accepts IFSC HDFC0003368 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to HDFC Bank – VEREM, use IMPS. With IFSC HDFC0003368 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 HDFC0003368 for HDFC Bank – VEREM, 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 – HDFC0003368 | Yes – HDFC0003368 | Yes – HDFC0003368 |
For most retail customers crediting the Verem 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at HDFC Bank's VEREM branch, the IFSC HDFC0003368 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Online banking and IFSC HDFC0003368
HDFC Bank customers can register for net banking and the bank's official mobile app once their account at the VEREM 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 HDFC0003368 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 HDFC0003368 and the account number together uniquely identify the Verem branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Common mistakes to avoid when using IFSC HDFC0003368
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to HDFC Bank – VEREM, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
HDFC0003368. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Verem branch
The branch is located at HDFC BANK LTD., SHOP NO.10, GF, GOPAL CLASSIC, BUILDING A, OPP. TO UNITY HALL, VEREM, BRADEZ, NORTH GOA GOA 403114, which puts it inside Verem, the broader North Goa district, and the state of Goa. To plan your visit:
- Open Google Maps on your phone and search for “HDFC Bank Verem branch” — the verified location pin for IFSC HDFC0003368 should appear at the top of the results.
- Confirm the branch is open by calling 91-9890603333 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC HDFC0003368 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC HDFC0003368 for HDFC Bank – VEREM, 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 Verem 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 HDFC0003368 continue to work without interruption.
Branch address & contact
HDFC BankVerem Branch
HDFC BANK LTD., SHOP NO.10, GF, GOPAL CLASSIC, BUILDING A, OPP. TO UNITY HALL, VEREM, BRADEZ, NORTH GOA GOA 403114
Verem, Goa
Phone: 91-9890603333
IFSC: HDFC0003368
Frequently asked questions
How quickly will an NEFT transfer using HDFC0003368 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to HDFC Bank – Verem reflect within 30 minutes.
Is IFSC HDFC0003368 valid for NEFT and RTGS?
Yes. IFSC HDFC0003368 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is HDFC Bank Verem branch located?
HDFC Bank's Verem branch is located at HDFC BANK LTD., SHOP NO.10, GF, GOPAL CLASSIC, BUILDING A, OPP. TO UNITY HALL, VEREM, BRADEZ, NORTH GOA GOA 403114, Verem, Goa.
What is the phone number of HDFC Bank Verem branch?
You can reach the branch at 91-9890603333 during regular banking hours.
Does HDFC Bank Verem 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 IFSC code of HDFC Bank Verem branch?
The IFSC code of HDFC Bank, Verem branch is HDFC0003368. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add HDFC Bank Verem as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC HDFC0003368, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC HDFC0003368 the same for all accounts at Verem branch?
Yes. The IFSC HDFC0003368 is shared by every account held at HDFC Bank's Verem branch. Only the account number changes from customer to customer.
Summary
The IFSC code HDFC0003368 belongs to HDFC Bank's VEREM branch, located at HDFC BANK LTD., SHOP NO.10, GF, GOPAL CLASSIC, BUILDING A, OPP. TO UNITY HALL,… in VEREM, GOA. 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.
