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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bandhan Bank Limited for its Dhenkanal branch in Dhenkanal, Bhubaneswar, or Odisha, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bandhan Bank Limited located in Dhenkanal or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0001923. 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, Dhenkanal, Dhenkanal
Below in the table are the key details related to IFSC Code BDBL0001923 of Bandhan Bank Limited for its branch located in Dhenkanal, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001923 |
| Branch | Dhenkanal |
| City | Dhenkanal |
| District | Bhubaneswar |
| State | Odisha |
| Address | Ground Floor,Plot No-2174,Ward No-15,Muktadeipur Sasan,Jagannath Road,Dhenkanal,Odisha,Pin-759001 |
These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Dhenkanal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001923 for the Dhenkanal 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, along with Bandhan Bank Limited located in Dhenkanal, Dhenkanal, Odisha, are given a unique IFSC like BDBL0001923 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhenkanal.
- 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 Dhenkanal and Bhubaneswar.
- 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 Dhenkanal goes to the correct branch. This is important because Bandhan Bank Limited has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BDBL0001923
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 Dhenkanal in Dhenkanal.
For example, the IFSC Code BDBL0001923 of Bandhan Bank Limited for the Dhenkanal branch has these elements, identifying the bank and the branch location in Dhenkanal and Odisha correctly.
How to Find IFSC Code for Bandhan Bank Limited?
To find the IFSC Code BDBL0001923 of Bandhan Bank Limited for its Dhenkanal branch located in Dhenkanal, 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 Dhenkanal and Bhubaneswar, 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 Dhenkanal or Dhenkanal to find the exact IFSC Code BDBL0001923.
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 Dhenkanal will provide accurate information.
How to Use IFSC Code BDBL0001923 for Online Transfers?
Once you have the IFSC Code BDBL0001923 for the Dhenkanal branch of Bandhan Bank Limited in Dhenkanal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0001923. 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 BDBL0001923.
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 Dhenkanal in Dhenkanal, 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 Dhenkanal, 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 Dhenkanal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Dhenkanal Dhenkanal branch is BDBL0001923.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor,Plot No-2174,Ward No-15,Muktadeipur Sasan,Jagannath Road,Dhenkanal,Odisha,Pin-759001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.