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 Kolasib branch in Kolasib, Guwahati, or Mizoram, 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 Kolasib or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code BDBL0001524. 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, Kolasib, Kolasib
The table below shows the main details of the IFSC Code BDBL0001524 for the Bandhan Bank Limited branch in Kolasib, which falls under the Guwahati district in Mizoram.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001524 |
| Branch | Kolasib |
| City | Kolasib |
| District | Guwahati |
| State | Mizoram |
| Address | 12, Diakkawn Town Vill P.O. Kolashib, Mizorzm, Pin - 796081 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Kolasib for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001524 for the Kolasib 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, including Bandhan Bank Limited located in Kolasib, Kolasib, Mizoram, is provided with a unique IFSC like BDBL0001524 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Kolasib.
- 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 Kolasib and Guwahati.
- 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 Mizoram and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Kolasib do not get mixed with another location.
Format of the IFSC Code BDBL0001524
This is the format of the IFSC Code for banks, including Bandhan Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bandhan Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kolasib in Kolasib.
For example, the IFSC Code BDBL0001524 of Bandhan Bank Limited for the Kolasib branch includes these elements, identifying the bank and the branch location in Kolasib and Mizoram accurately.
How to Find IFSC Code for Bandhan Bank Limited?
To find the IFSC Code BDBL0001524 of Bandhan Bank Limited for its Kolasib branch located in Kolasib, 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 Kolasib and Guwahati, 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 Kolasib or Kolasib to find the exact IFSC Code BDBL0001524.
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 Kolasib will provide accurate information.
How to Use IFSC Code BDBL0001524 for Online Transfers?
If you have the IFSC Code BDBL0001524 for the Kolasib branch of Bandhan Bank Limited in Kolasib, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001524. Transfers are processed in batches. 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. Asks for the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0001524.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bandhan Bank Limited Kolasib in Kolasib, it may result in delayed or failed transactions.
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 Kolasib, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Kolasib manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001524.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 12, Diakkawn Town Vill P.O. Kolashib, Mizorzm, Pin - 796081 located in Kolasib, Guwahati, Mizoram.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.