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IFSC Code of Bandhan Bank Limited, Gangapur, Mumbai, Maharashtra — BDBL0001271

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 Gangapur branch in Aurangabad, Mumbai, 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 Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0001271. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bandhan Bank Limited, Gangapur, Aurangabad

Here are the key points that are associated with the IFSC Code BDBL0001271 of Bandhan Bank Limited for its branch located in Aurangabad, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0001271
Branch Gangapur
City Aurangabad
District Mumbai
State Maharashtra
Address Paimode Complex, Lasur Naka, Near Ganpati Chowk,Vill. P.O. - Gangapur, Dist. Aurangabad, Maharashtra, Pin - 431109

These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Aurangabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001271 for the Gangapur 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 that is provided by the Reserve Bank of India. A unique IFSC like BDBL0001271 is given to every bank branch, including Bandhan Bank Limited located in Gangapur, Aurangabad, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bandhan Bank Limited branch in Aurangabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Aurangabad and Mumbai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Gangapur doesn't end up at another location.

Format of the IFSC Code BDBL0001271

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 Gangapur in Aurangabad.

For example, the IFSC Code BDBL0001271 of Bandhan Bank Limited for the Gangapur branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.

How to Find IFSC Code for Bandhan Bank Limited?

If you are trying to find the IFSC Code BDBL0001271 of Bandhan Bank Limited for its Gangapur branch located in Aurangabad, the following methods can help:

Cheque Book

The cheque book issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

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

Bank Website

Visit the official website of Bandhan Bank Limited and navigate to the branch locator section. Search for Gangapur or Aurangabad to get the exact IFSC Code BDBL0001271.

Mobile Banking App

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

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bandhan Bank Limited and Aurangabad, you'll get the correct details.

How to Use IFSC Code BDBL0001271 for Online Transfers?

If you have the IFSC Code BDBL0001271 for the Gangapur branch of Bandhan Bank Limited in Aurangabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BDBL0001271. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0001271.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bandhan Bank Limited Gangapur in Aurangabad, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bandhan Bank Limited in Gangapur, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Aurangabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited in Gangapur, Aurangabad?

The IFSC Code is BDBL0001271.

Is the IFSC Code BDBL0001271 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bandhan Bank Limited Gangapur?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Gangapur branch?

The address of the branch is Paimode Complex, Lasur Naka, Near Ganpati Chowk,Vill. P.O. - Gangapur, Dist. Aurangabad, Maharashtra, Pin - 431109 located in Aurangabad, Mumbai, Maharashtra.

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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