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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bandhan Bank Limited for its Baripada branch in Mayurbhanj, Bhubaneswar, Odisha, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bandhan Bank Limited located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0001104. 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, Baripada, Mayurbhanj
Below in the table are the key details related to IFSC Code BDBL0001104 of Bandhan Bank Limited for its branch located in Mayurbhanj, within the district of Bhubaneswar in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001104 |
| Branch | Baripada |
| City | Mayurbhanj |
| District | Bhubaneswar |
| State | Odisha |
| Address | Station Bazar,P.O.Baripada,Dist.Mayurbhanj,Odisha,Pin - 757001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Mayurbhanj for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001104 for the Baripada 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 Baripada, Mayurbhanj, Odisha, is provided with a unique IFSC like BDBL0001104 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Mayurbhanj.
- 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 Mayurbhanj and Bhubaneswar.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Baripada do not get mixed with another location.
Format of the IFSC Code BDBL0001104
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 Baripada in Mayurbhanj.
For example, the IFSC Code BDBL0001104 of Bandhan Bank Limited for the Baripada branch has these elements, identifying the bank and the branch location in Mayurbhanj and Odisha correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001104 of Bandhan Bank Limited for its Baripada branch located in Mayurbhanj, 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 Mayurbhanj and Bhubaneswar, 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 Baripada or Mayurbhanj to get the exact IFSC Code BDBL0001104.
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 Mayurbhanj, you'll get the correct details.
How to Use IFSC Code BDBL0001104 for Online Transfers?
Once you have the IFSC Code BDBL0001104 for the Baripada branch of Bandhan Bank Limited in Mayurbhanj, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0001104. 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 BDBL0001104.
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 Baripada in Mayurbhanj, 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 Baripada, 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 Mayurbhanj manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001104.
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 Station Bazar,P.O.Baripada,Dist.Mayurbhanj,Odisha,Pin - 757001 located in Mayurbhanj, Bhubaneswar, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.