What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Hdfc Bank Panvel Old Panvel Raigad Branch IFSC/MICR Code Details
Bank Name HDFC BANK
Address HDFC BANK LTD.,NIRMAN CHS., SHOP NO.3 SEC 13 KHANDA COLONY, NEW PANVEL, NAVI MUMBAI RAIGAD MAHARASHTRA 410206
State MAHARASHTRA
District RAIGAD
Branch PANVEL OLD PANVEL
IFSC Code HDFC0002715
Branch Code 002715 (Last six characters of IFSC code represent Branch code.)
MICR Code 400240172
Contact Phone 9890603333
via https://bankingzone.in/ifsc

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