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 Silvassa branch in Dadra And Nagar Haveli, Vadodara, Dadra & Nagar Haveli, 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 Dadra And Nagar Haveli or anywhere in Dadra & Nagar Haveli can easily transfer funds instantly by using the correct IFSC Code BDBL0001754. 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, Silvassa, Dadra And Nagar Haveli
Here are the key points that are associated with the IFSC Code BDBL0001754 of Bandhan Bank Limited for its branch located in Dadra And Nagar Haveli, within the district of Vadodara in the state of Dadra & Nagar Haveli.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001754 |
| Branch | Silvassa |
| City | Dadra And Nagar Haveli |
| District | Vadodara |
| State | Dadra & Nagar Haveli |
| Address | Grfloor,Shopno-20,21,85 And 86.Landmark-Bulding-A2 Srno-1/2/2.Tokarkhada,Silvassa,Dadra And Nagar Haveli,Gujarat,Pin-396230 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Dadra And Nagar Haveli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001754 for the Silvassa 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 Silvassa, Dadra And Nagar Haveli, Dadra & Nagar Haveli, are allotted a unique IFSC like BDBL0001754 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dadra And Nagar Haveli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dadra And Nagar Haveli and Vadodara.
- 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 Silvassa reaches the right place, even though there are thousands of branches in Dadra & Nagar Haveli and across India.
Format of the IFSC Code BDBL0001754
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 Silvassa in Dadra And Nagar Haveli.
For example, the IFSC Code BDBL0001754 of Bandhan Bank Limited for the Silvassa branch has these elements, identifying the bank and the branch location in Dadra And Nagar Haveli and Dadra & Nagar Haveli correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001754 of Bandhan Bank Limited for its Silvassa branch located in Dadra And Nagar Haveli, the following methods can help:
Cheque Book
The cheque books that are issued by Bandhan Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bandhan Bank Limited branches in Dadra And Nagar Haveli and Vadodara, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bandhan Bank Limited and find the branch locator section. Search for Silvassa or Dadra And Nagar Haveli to get the exact IFSC Code BDBL0001754.
Mobile Banking App
If you use Bandhan Bank Limited's mobile app, you can easily 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 to help you in searching for Bandhan Bank Limited and Dadra And Nagar Haveli that will provide accurate information.
How to Use IFSC Code BDBL0001754 for Online Transfers?
Once you have the IFSC Code BDBL0001754 for the Silvassa branch of Bandhan Bank Limited in Dadra And Nagar Haveli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001754. Transfers are processed in batches. This is suitable for 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 BDBL0001754.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bandhan Bank Limited Silvassa in Dadra And Nagar Haveli may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bandhan Bank Limited in Silvassa, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Dadra And Nagar Haveli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001754.
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 Grfloor,Shopno-20,21,85 And 86.Landmark-Bulding-A2 Srno-1/2/2.Tokarkhada,Silvassa,Dadra And Nagar Haveli,Gujarat,Pin-396230 located in Dadra And Nagar Haveli, Vadodara, Dadra & Nagar Haveli.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.