For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bandhan Bank Limited for its Krishnapur branch in Jalgaon, Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bandhan Bank Limited located in Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0001161. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bandhan Bank Limited, Krishnapur, Jalgaon
Here are the key points that are associated with the IFSC Code BDBL0001161 of Bandhan Bank Limited for its branch located in Jalgaon, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001161 |
| Branch | Krishnapur |
| City | Jalgaon |
| District | Mumbai |
| State | Maharashtra |
| Address | Yeole Plaza,Deshmukhwadi,Pachora,Dist - Jalgaon,Maharashtra,Pin - 424201 |
These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Jalgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001161 for the Krishnapur 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 Krishnapur, Jalgaon, Maharashtra, are allotted a unique IFSC like BDBL0001161 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jalgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jalgaon and Mumbai.
- 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 Krishnapur reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BDBL0001161
The format of the IFSC Code for banks, including Bandhan Bank Limited, has 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 Krishnapur in Jalgaon.
For example, the IFSC Code BDBL0001161 of Bandhan Bank Limited for the Krishnapur branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are looking for the IFSC Code BDBL0001161 of Bandhan Bank Limited for its Krishnapur branch located in Jalgaon, the following methods can help:
Cheque Book
The cheque book that is issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bandhan Bank Limited branches in Jalgaon and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bandhan Bank Limited and look for the branch locator section, then search for Krishnapur or Jalgaon to get the exact IFSC Code BDBL0001161.
Mobile Banking App
If you use Bandhan Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bandhan Bank Limited and Jalgaon, then it will provide you proper information.
How to Use IFSC Code BDBL0001161 for Online Transfers?
Once you have the IFSC Code BDBL0001161 for the Krishnapur branch of Bandhan Bank Limited in Jalgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0001161. 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 BDBL0001161.
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 Krishnapur in Jalgaon, 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 Krishnapur, 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 Jalgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001161.
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 Yeole Plaza,Deshmukhwadi,Pachora,Dist - Jalgaon,Maharashtra,Pin - 424201 located in Jalgaon, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.