South Indian Bank – Panvel Branch is a retail and commercial banking branch of the South Indian Bank network. Situated at 2-6, Gurudwara Road, near Panacea Hospital, Sector 8, New Panvel East, Panvel – 410206, Maharashtra, it serves residents and businesses in the Raigad district and surrounding Navi Mumbai region.

The branch provides a full range of personal, corporate, and NRI banking solutions, maintaining the parent bank’s tradition of trust, digital innovation, and customer-first service.

Banking Services

The Panvel branch offers savings and current accounts, fixed and recurring deposits, and term deposit schemes. It also supports fund transfers through NEFT, RTGS, IMPS, and UPI. Retail lending options include personal, home, vehicle, and gold loans, while business clients can access working-capital finance, cash-credit facilities, and trade services. Customers benefit from online and mobile banking, digital payment solutions, and investment products such as mutual funds and insurance.

Branch Details

Operating under IFSC Code SIBL0001007 and MICR Code 400059020, the branch typically functions Monday – Saturday from 10 a.m. to 4 p.m., excluding the 2nd and 4th Saturdays and public holidays. The branch manager oversees a full-service team providing account management, loan processing, and locker facilities.

Role in the Community

Located within a major residential and commercial zone, the branch plays an important role in extending private-sector banking accessibility across Panvel. It caters to local entrepreneurs, salaried customers, and NRI families, aligning with South Indian Bank’s broader mission to combine personalized service with modern financial technology.