Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bandhan Bank Limited for its Dhamnagar branch in Bhadrak, Bhubaneswar, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bandhan Bank Limited located in Bhadrak or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0001124. You should definitely 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, Dhamnagar, Bhadrak
Here are some of the key details that come with the IFSC Code BDBL0001124 of Bandhan Bank Limited for its branch located in Bhadrak, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001124 |
| Branch | Dhamnagar |
| City | Bhadrak |
| District | Bhubaneswar |
| State | Odisha |
| Address | In Front Of Dhamnagar Thana,Near Uco Bank,P.O.- Dhamnagar,Dist.Bhadrak,Odisha,Pin -756117 |
These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Bhadrak for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001124 for the Dhamnagar branch of Bandhan Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bandhan Bank Limited located in Dhamnagar, Bhadrak, Odisha, is provided a unique IFSC like BDBL0001124 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bandhan Bank Limited branch in Bhadrak.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bhadrak and Bhubaneswar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Dhamnagar do not get misguided to another person.
Format of the IFSC Code BDBL0001124
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): Show the bank code. For Bandhan Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dhamnagar in Bhadrak.
For example, the IFSC Code BDBL0001124 of Bandhan Bank Limited for the Dhamnagar branch includes these elements, identifying the bank and the branch location in Bhadrak and Odisha accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001124 of Bandhan Bank Limited for its Dhamnagar branch located in Bhadrak, 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 Bhadrak and Bhubaneswar, 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 Dhamnagar or Bhadrak to get the exact IFSC Code BDBL0001124.
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 Bhadrak, you'll get the correct details.
How to Use IFSC Code BDBL0001124 for Online Transfers?
Once you have the IFSC Code BDBL0001124 for the Dhamnagar branch of Bandhan Bank Limited in Bhadrak, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0001124. 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 BDBL0001124.
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 Dhamnagar in Bhadrak, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bandhan Bank Limited in Dhamnagar, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bandhan Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bhadrak manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001124.
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 In Front Of Dhamnagar Thana,Near Uco Bank,P.O.- Dhamnagar,Dist.Bhadrak,Odisha,Pin -756117 located in Bhadrak, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.