The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bandhan Bank Limited for its Balangir branch in Balangir, Bhubaneswar, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bandhan Bank Limited located in Balangir or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0001922. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bandhan Bank Limited, Balangir, Balangir
Here are the main details that are associated with the IFSC Code BDBL0001922 of Bandhan Bank Limited for its branch located in Balangir, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001922 |
| Branch | Balangir |
| City | Balangir |
| District | Bhubaneswar |
| State | Odisha |
| Address | Ground Floor,Plot No 928/13,14,Club Para,Near Obc Bank,Balangir,Odisha-767001 |
These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Balangir for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001922 for the Balangir 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 Balangir, Balangir, Odisha, are allotted a unique IFSC like BDBL0001922 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Balangir.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Balangir and Bhubaneswar.
- 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 Balangir reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code BDBL0001922
The format of the IFSC Code for banks, including Bandhan Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bandhan Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Balangir in Balangir.
For example, the IFSC Code BDBL0001922 of Bandhan Bank Limited for the Balangir branch has these elements, identifying the bank and the branch location in Balangir and Odisha correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are looking for the IFSC Code BDBL0001922 of Bandhan Bank Limited for its Balangir branch located in Balangir, 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 Balangir and Bhubaneswar, 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 Balangir or Balangir to get the exact IFSC Code BDBL0001922.
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 Balangir, then it will provide you proper information.
How to Use IFSC Code BDBL0001922 for Online Transfers?
Once you have the IFSC Code BDBL0001922 for the Balangir branch of Bandhan Bank Limited in Balangir, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0001922. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BDBL0001922.
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 Balangir in Balangir, your payment can get delayed or might not go through at all.
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 Balangir, 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 Balangir manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001922.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Plot No 928/13,14,Club Para,Near Obc Bank,Balangir,Odisha-767001 located in Balangir, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.