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IFSC Code of Bandhan Bank Limited, Borivali, Mumbai, Maharashtra — BDBL0001838

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 Borivali branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BDBL0001838. 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, Borivali, Mumbai

Below in the table are the key details related to IFSC Code BDBL0001838 of Bandhan Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0001838
Branch Borivali
City Mumbai
District Mumbai
State Maharashtra
Address Ground Floor,Tiara,Off Chandavarkar Lane,Off I T Road,Maharastra Lane,Borivali West,Mumbai,Maharastra,Pin 400092

These details are essential not only for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001838 for the Borivali branch of Bandhan Bank Limited plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bandhan Bank Limited located in Borivali, Mumbai, Maharashtra, is provided a unique IFSC like BDBL0001838 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bandhan Bank Limited branch in Mumbai.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Borivali do not get misguided to another person.

Format of the IFSC Code BDBL0001838

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 Borivali in Mumbai.

For example, the IFSC Code BDBL0001838 of Bandhan Bank Limited for the Borivali branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Bandhan Bank Limited?

If you are trying to find the IFSC Code BDBL0001838 of Bandhan Bank Limited for its Borivali branch located in Mumbai, 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 Mumbai and Mumbai, 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 Borivali or Mumbai to get the exact IFSC Code BDBL0001838.

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 Mumbai that will provide accurate information.

How to Use IFSC Code BDBL0001838 for Online Transfers?

Once you have the IFSC Code BDBL0001838 for the Borivali branch of Bandhan Bank Limited in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BDBL0001838. 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 BDBL0001838.

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 Borivali in Mumbai, 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 Borivali, 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited in Borivali, Mumbai?

The IFSC Code is BDBL0001838.

Is the IFSC Code BDBL0001838 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bandhan Bank Limited Borivali?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Borivali branch?

The address of the branch is Ground Floor,Tiara,Off Chandavarkar Lane,Off I T Road,Maharastra Lane,Borivali West,Mumbai,Maharastra,Pin 400092 located in Mumbai, Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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