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 Jeypore branch in Koraput, Jeypore, Odisha, 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 Koraput or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0001982. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bandhan Bank Limited, Jeypore, Koraput
The table below shows the main details of the IFSC Code BDBL0001982 for the Bandhan Bank Limited branch in Koraput, which falls under the Jeypore district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001982 |
| Branch | Jeypore |
| City | Koraput |
| District | Jeypore |
| State | Odisha |
| Address | Bail Road,Jamal Colony Jeypore,Police Station ,Orissa,Pin-764001 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Koraput for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001982 for the Jeypore branch of Bandhan Bank Limited plays a vital 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 Jeypore, Koraput, Odisha, are given a unique IFSC like BDBL0001982 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Koraput.
- 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 Koraput and Jeypore.
- 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 Jeypore 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 BDBL0001982
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 Jeypore in Koraput.
For example, the IFSC Code BDBL0001982 of Bandhan Bank Limited for the Jeypore branch has these elements, identifying the bank and the branch location in Koraput and Odisha correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001982 of Bandhan Bank Limited for its Jeypore branch located in Koraput, the following methods can help:
Cheque Book
The cheque book issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Bandhan Bank Limited branches in Koraput and Jeypore, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Bandhan Bank Limited and navigate to the branch locator section. Search for Jeypore or Koraput to get the exact IFSC Code BDBL0001982.
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 keeps an updated list of all IFSC codes. If you search for Bandhan Bank Limited and Koraput, you'll get the correct details.
How to Use IFSC Code BDBL0001982 for Online Transfers?
Once you have the IFSC Code BDBL0001982 for the Jeypore branch of Bandhan Bank Limited in Koraput, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001982. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0001982.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bandhan Bank Limited Jeypore in Koraput, it can 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 Jeypore, 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 Koraput manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jeypore Koraput branch is BDBL0001982.
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 Bail Road,Jamal Colony Jeypore,Police Station ,Orissa,Pin-764001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.