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 Korba branch in Korba, Raipur, Chhattisgarh, 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 Korba or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code BDBL0001545. 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, Korba, Korba
Here are some of the key details that come with the IFSC Code BDBL0001545 of Bandhan Bank Limited for its branch located in Korba, within the district of Raipur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001545 |
| Branch | Korba |
| City | Korba |
| District | Raipur |
| State | Chhattisgarh |
| Address | Plot No.768,Kosa-Badi,Iti Approach Road,Korba,Chhattishgarh,Pin -495678 |
These details help users in online banking and for businesses and individuals who use Bandhan Bank Limited in Korba for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001545 for the Korba branch of Bandhan Bank Limited has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BDBL0001545 is given to every bank branch, including Bandhan Bank Limited located in Korba, Korba, Chhattisgarh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Korba.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Korba and Raipur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Korba doesn't end up at another location.
Format of the IFSC Code BDBL0001545
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 Korba in Korba.
For example, the IFSC Code BDBL0001545 of Bandhan Bank Limited for the Korba branch includes these elements, identifying the bank and the branch location in Korba and Chhattisgarh accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001545 of Bandhan Bank Limited for its Korba branch located in Korba, 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
You can easily find the IFSC and MICR codes because most banks, including Bandhan Bank Limited branches in Korba and Raipur, print them 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 Korba or Korba to get the exact IFSC Code BDBL0001545.
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 Korba, you'll get the correct details.
How to Use IFSC Code BDBL0001545 for Online Transfers?
Once you have the IFSC Code BDBL0001545 for the Korba branch of Bandhan Bank Limited in Korba, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001545. 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 BDBL0001545.
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 Korba in Korba 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 Korba, 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 Korba to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Korba Korba branch is BDBL0001545.
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 Plot No.768,Kosa-Badi,Iti Approach Road,Korba,Chhattishgarh,Pin -495678.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.