There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bandhan Bank Limited for its Jagdalpur Branch branch in Bastar, Jagdalpur, Chhattisgarh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bandhan Bank Limited situated in Bastar or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code BDBL0002578. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bandhan Bank Limited, Jagdalpur Branch, Bastar

Here are the main details that are associated with the IFSC Code BDBL0002578 of Bandhan Bank Limited for its branch located in Bastar, within the district of Jagdalpur in the state of Chhattisgarh.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0002578
Branch Jagdalpur Branch
City Bastar
District Jagdalpur
State Chhattisgarh
Address Upper Ground Floor, Plot No-159,Ward No- 13,Sbi Chowk , Near Old Bus Stand , Jagdalpur, Dist-Bastar, State - Chhatishgrah , Pin -494001

These details are crucial, not just for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Bastar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002578 for the Jagdalpur Branch branch of Bandhan Bank Limited has an important role.

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 Jagdalpur Branch, Bastar, Chhattisgarh, are given a unique IFSC like BDBL0002578 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Bandhan Bank Limited in Jagdalpur Branch goes to the correct branch. This is important because Bandhan Bank Limited has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BDBL0002578

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 Jagdalpur Branch in Bastar.

For example, the IFSC Code BDBL0002578 of Bandhan Bank Limited for the Jagdalpur Branch branch has these elements, identifying the bank and the branch location in Bastar and Chhattisgarh correctly.

How to Find IFSC Code for Bandhan Bank Limited?

If you are trying to find the IFSC Code BDBL0002578 of Bandhan Bank Limited for its Jagdalpur Branch branch located in Bastar, 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 Bastar and Jagdalpur, 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 Jagdalpur Branch or Bastar to get the exact IFSC Code BDBL0002578.

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 Bastar, you'll get the correct details.

How to Use IFSC Code BDBL0002578 for Online Transfers?

Once you have the IFSC Code BDBL0002578 for the Jagdalpur Branch branch of Bandhan Bank Limited in Bastar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BDBL0002578. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0002578.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bandhan Bank Limited Jagdalpur Branch in Bastar, it can 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 Jagdalpur Branch, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Bastar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited Jagdalpur Branch Bastar?

The IFSC Code of the Jagdalpur Branch Bastar branch is BDBL0002578.

Is IFSC Code BDBL0002578 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 Jagdalpur Branch branch?

The branch is located at Upper Ground Floor, Plot No-159,Ward No- 13,Sbi Chowk , Near Old Bus Stand , Jagdalpur, Dist-Bastar, State - Chhatishgrah , Pin -494001.

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.