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 Madhubani branch in Madhubani, Mjzaffarpur, Bihar, 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 Madhubani or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BDBL0001857. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bandhan Bank Limited, Madhubani, Madhubani
Below in the table are the key details related to IFSC Code BDBL0001857 of Bandhan Bank Limited for its branch located in Madhubani, within the district of Mjzaffarpur in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001857 |
| Branch | Madhubani |
| City | Madhubani |
| District | Mjzaffarpur |
| State | Bihar |
| Address | Main Road,Opp-Watson High School,Madhubani,Landmark-North Of Bazar India,Bihar,Pin-847211 |
These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Madhubani for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001857 for the Madhubani 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, including Bandhan Bank Limited located in Madhubani, Madhubani, Bihar, is provided with a unique IFSC like BDBL0001857 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Madhubani.
- 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 Madhubani and Mjzaffarpur.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Madhubani do not get mixed with another location.
Format of the IFSC Code BDBL0001857
The format of the IFSC Code for banks, including Bandhan Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bandhan Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Madhubani in Madhubani.
For example, the IFSC Code BDBL0001857 of Bandhan Bank Limited for the Madhubani branch includes these elements, identifying the bank and the branch location in Madhubani and Bihar accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001857 of Bandhan Bank Limited for its Madhubani branch located in Madhubani, 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 Madhubani and Mjzaffarpur, 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 Madhubani or Madhubani to get the exact IFSC Code BDBL0001857.
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 Madhubani, you'll get the correct details.
How to Use IFSC Code BDBL0001857 for Online Transfers?
Once you have the IFSC Code BDBL0001857 for the Madhubani branch of Bandhan Bank Limited in Madhubani, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001857. 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 BDBL0001857.
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 Madhubani in Madhubani, 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 Madhubani, 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 Madhubani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Madhubani Madhubani branch is BDBL0001857.
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 Main Road,Opp-Watson High School,Madhubani,Landmark-North Of Bazar India,Bihar,Pin-847211.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.