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 Lower Parel Branch, Mumbai branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0002676. 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, Lower Parel Branch, Mumbai, Mumbai
Below in the table are the key details related to IFSC Code BDBL0002676 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 | BDBL0002676 |
| Branch | Lower Parel Branch, Mumbai |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Bandhan Bank Ltd,Ground Floor,Shop No 7,World One,Off Senapati Bapat Marg,Lower Parel West,Dist -Mumbai,State -Maharashtra,Pin 400013 |
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 BDBL0002676 for the Lower Parel Branch, Mumbai 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bandhan Bank Limited located in Lower Parel Branch, Mumbai, Mumbai, Maharashtra, is provided with a unique IFSC like BDBL0002676 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Lower Parel Branch, Mumbai do not get mixed with another location.
Format of the IFSC Code BDBL0002676
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 Lower Parel Branch, Mumbai in Mumbai.
For example, the IFSC Code BDBL0002676 of Bandhan Bank Limited for the Lower Parel Branch, Mumbai 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 looking for the IFSC Code BDBL0002676 of Bandhan Bank Limited for its Lower Parel Branch, Mumbai branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book that is issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the 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
You can visit the official website of Bandhan Bank Limited and look for the branch locator section, then search for Lower Parel Branch, Mumbai or Mumbai to get the exact IFSC Code BDBL0002676.
Mobile Banking App
If you use Bandhan Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bandhan Bank Limited and Mumbai, then it will provide you proper information.
How to Use IFSC Code BDBL0002676 for Online Transfers?
If you have the IFSC Code BDBL0002676 for the Lower Parel Branch, Mumbai branch of Bandhan Bank Limited in Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0002676. Transfers are processed in batches. 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. Asks for the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0002676.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bandhan Bank Limited Lower Parel Branch, Mumbai in Mumbai, it 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 Lower Parel Branch, Mumbai, 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 Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Lower Parel Branch, Mumbai Mumbai branch is BDBL0002676.
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 Bandhan Bank Ltd,Ground Floor,Shop No 7,World One,Off Senapati Bapat Marg,Lower Parel West,Dist -Mumbai,State -Maharashtra,Pin 400013.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.