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 Bhiwani branch in Bhiwani, Delhi, Haryana, 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 Bhiwani or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code BDBL0001916. 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, Bhiwani, Bhiwani
Here are some of the key details that come with the IFSC Code BDBL0001916 of Bandhan Bank Limited for its branch located in Bhiwani, within the district of Delhi in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001916 |
| Branch | Bhiwani |
| City | Bhiwani |
| District | Delhi |
| State | Haryana |
| Address | Plot No-100-Ab,Opp Bhardwaj Nursing Home,Agrasen Chowk,Bhiwani,Haryana,Pin-127021 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Bhiwani for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001916 for the Bhiwani branch of Bandhan Bank Limited plays a vital role.
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 BDBL0001916 is given to every bank branch, including Bandhan Bank Limited located in Bhiwani, Bhiwani, Haryana, 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 Bhiwani.
- 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 Bhiwani and Delhi.
- 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Bhiwani doesn't end up at another location.
Format of the IFSC Code BDBL0001916
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 Bhiwani in Bhiwani.
For example, the IFSC Code BDBL0001916 of Bandhan Bank Limited for the Bhiwani branch has these elements, identifying the bank and the branch location in Bhiwani and Haryana correctly.
How to Find IFSC Code for Bandhan Bank Limited?
To find the IFSC Code BDBL0001916 of Bandhan Bank Limited for its Bhiwani branch located in Bhiwani, the following methods can help you out:
Cheque Book
The cheque book issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bandhan Bank Limited branches in Bhiwani and Delhi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bandhan Bank Limited and go to the branch locator section. Then search for Bhiwani or Bhiwani to find the exact IFSC Code BDBL0001916.
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 maintains an updated database of all IFSC codes. Searching for Bandhan Bank Limited and Bhiwani will provide accurate information.
How to Use IFSC Code BDBL0001916 for Online Transfers?
Once you have the IFSC Code BDBL0001916 for the Bhiwani branch of Bandhan Bank Limited in Bhiwani, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0001916. 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 BDBL0001916.
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 Bhiwani in Bhiwani, 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 Bhiwani, 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 Bhiwani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001916.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Plot No-100-Ab,Opp Bhardwaj Nursing Home,Agrasen Chowk,Bhiwani,Haryana,Pin-127021 located in Bhiwani, Delhi, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.