The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bandhan Bank Limited for its Rairangpur branch in Mayurbhanj, Bhubaneswar, Odisha, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bandhan Bank Limited located in Mayurbhanj or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0001453. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bandhan Bank Limited, Rairangpur, Mayurbhanj
Below in the table are the key details related to IFSC Code BDBL0001453 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 | BDBL0001453 |
| Branch | Rairangpur |
| City | Mayurbhanj |
| District | Bhubaneswar |
| State | Odisha |
| Address | P.O-Rairangpur,Dist.-Mayurbhanj Odisha,Pin-757043 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Mayurbhanj for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001453 for the Rairangpur 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, including Bandhan Bank Limited located in Rairangpur, Mayurbhanj, Odisha, is provided with a unique IFSC like BDBL0001453 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 Rairangpur do not get mixed with another location.
Format of the IFSC Code BDBL0001453
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): Show the bank code. For Bandhan Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rairangpur in Mayurbhanj.
For example, the IFSC Code BDBL0001453 of Bandhan Bank Limited for the Rairangpur branch includes these elements, identifying the bank and the branch location in Mayurbhanj and Odisha accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001453 of Bandhan Bank Limited for its Rairangpur branch located in Mayurbhanj, the following methods can help:
Cheque Book
The cheque books that are issued by Bandhan Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code 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 the passbook.
Bank Website
Visit the official website of Bandhan Bank Limited and find the branch locator section. Search for Rairangpur or Mayurbhanj to get the exact IFSC Code BDBL0001453.
Mobile Banking App
If you use Bandhan Bank Limited's mobile app, you can easily 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 to help you in searching for Bandhan Bank Limited and Mayurbhanj that will provide accurate information.
How to Use IFSC Code BDBL0001453 for Online Transfers?
Once you have the IFSC Code BDBL0001453 for the Rairangpur 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 BDBL0001453. The transfer is completed in batches instead of instantly. It is useful for both 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 BDBL0001453.
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 Rairangpur 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 Rairangpur, 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 Mayurbhanj to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rairangpur Mayurbhanj branch is BDBL0001453.
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 P.O-Rairangpur,Dist.-Mayurbhanj Odisha,Pin-757043.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.