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IFSC Code of Bandhan Bank Limited, Mylapore, Chennai, Tamil Nadu — BDBL0001606

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 Mylapore branch in Chennai, Chennai, Tamil Nadu, 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 Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BDBL0001606. 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, Mylapore, Chennai

Here are the key points that are associated with the IFSC Code BDBL0001606 of Bandhan Bank Limited for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0001606
Branch Mylapore
City Chennai
District Chennai
State Tamil Nadu
Address 117,Dr.Radhakrishnan Salai,P.O.Mylapore,Chennai,Tamilnadu,Pin - 600004

These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Chennai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001606 for the Mylapore 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, including Bandhan Bank Limited located in Mylapore, Chennai, Tamil Nadu, is provided with a unique IFSC like BDBL0001606 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bandhan Bank Limited branch in Chennai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Chennai and Chennai.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Mylapore do not get mixed with another location.

Format of the IFSC Code BDBL0001606

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 Mylapore in Chennai.

For example, the IFSC Code BDBL0001606 of Bandhan Bank Limited for the Mylapore branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu accurately.

How to Find IFSC Code for Bandhan Bank Limited?

To find the IFSC Code BDBL0001606 of Bandhan Bank Limited for its Mylapore branch located in Chennai, 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 Chennai and Chennai, 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 Mylapore or Chennai to find the exact IFSC Code BDBL0001606.

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 Chennai will provide accurate information.

How to Use IFSC Code BDBL0001606 for Online Transfers?

Once you have the IFSC Code BDBL0001606 for the Mylapore branch of Bandhan Bank Limited in Chennai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BDBL0001606. 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 BDBL0001606.

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 Mylapore in Chennai, 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 Mylapore, 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 Chennai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited Mylapore Chennai?

The IFSC Code of the Mylapore Chennai branch is BDBL0001606.

Is IFSC Code BDBL0001606 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 Mylapore branch?

The branch is located at 117,Dr.Radhakrishnan Salai,P.O.Mylapore,Chennai,Tamilnadu,Pin - 600004.

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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