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IFSC Code of Bandhan Bank Limited, Ahmadnagar, Aurangabad, Maharashtra — BDBL0001940

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bandhan Bank Limited for its Ahmadnagar branch in Ahmadnagar, Aurangabad, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bandhan Bank Limited located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0001940. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bandhan Bank Limited, Ahmadnagar, Ahmadnagar

Here are the main details that are associated with the IFSC Code BDBL0001940 of Bandhan Bank Limited for its branch located in Ahmadnagar, within the district of Aurangabad in the state of Maharashtra.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0001940
Branch Ahmadnagar
City Ahmadnagar
District Aurangabad
State Maharashtra
Address Marc Square,Manmad Road,Adjacent To Kankariya Motor,Savedi Ahmadnagar,Maharashtra,Pin-414003

These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Ahmadnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001940 for the Ahmadnagar branch of Bandhan Bank Limited is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bandhan Bank Limited located in Ahmadnagar, Ahmadnagar, Maharashtra, are allotted a unique IFSC like BDBL0001940 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmadnagar and Aurangabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bandhan Bank Limited in Ahmadnagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BDBL0001940

The format of the IFSC Code for banks, including Bandhan Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bandhan Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmadnagar in Ahmadnagar.

For example, the IFSC Code BDBL0001940 of Bandhan Bank Limited for the Ahmadnagar branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.

How to Find IFSC Code for Bandhan Bank Limited?

If you are looking for the IFSC Code BDBL0001940 of Bandhan Bank Limited for its Ahmadnagar branch located in Ahmadnagar, the following methods can help:

Cheque Book

The cheque book that is issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bandhan Bank Limited branches in Ahmadnagar and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bandhan Bank Limited and look for the branch locator section, then search for Ahmadnagar or Ahmadnagar to get the exact IFSC Code BDBL0001940.

Mobile Banking App

If you use Bandhan Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bandhan Bank Limited and Ahmadnagar, then it will provide you proper information.

How to Use IFSC Code BDBL0001940 for Online Transfers?

Once you have the IFSC Code BDBL0001940 for the Ahmadnagar branch of Bandhan Bank Limited in Ahmadnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BDBL0001940. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0001940.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bandhan Bank Limited Ahmadnagar in Ahmadnagar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bandhan Bank Limited in Ahmadnagar, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bandhan Bank Limited website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Ahmadnagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited Ahmadnagar Ahmadnagar?

The IFSC Code of the Ahmadnagar Ahmadnagar branch is BDBL0001940.

Is IFSC Code BDBL0001940 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bandhan Bank Limited Ahmadnagar branch?

The branch is located at Marc Square,Manmad Road,Adjacent To Kankariya Motor,Savedi Ahmadnagar,Maharashtra,Pin-414003.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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