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 Oshiwara Branch Mumbai branch in Mumbai Suburban, Oshiwara, Maharashtra, 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 Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0002587. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bandhan Bank Limited, Oshiwara Branch Mumbai, Mumbai Suburban
The table below shows the main details of the IFSC Code BDBL0002587 for the Bandhan Bank Limited branch in Mumbai Suburban, which falls under the Oshiwara district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0002587 |
| Branch | Oshiwara Branch Mumbai |
| City | Mumbai Suburban |
| District | Oshiwara |
| State | Maharashtra |
| Address | Shop No 11 And 12, Wing C, Shreedham Splendour, Oshiwara Sandipani Teachers Chs Ltd, -Link Road, Oshiwara, Jogeshwari West, Dist Mumbai Suburban, State - Maharashtra, Pin - 400102 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Mumbai Suburban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002587 for the Oshiwara Branch Mumbai 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 Oshiwara Branch Mumbai, Mumbai Suburban, Maharashtra, is provided with a unique IFSC like BDBL0002587 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 Suburban.
- 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 Suburban and Oshiwara.
- 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 Oshiwara Branch Mumbai do not get mixed with another location.
Format of the IFSC Code BDBL0002587
The format of the IFSC Code for banks, including Bandhan Bank Limited, has 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 Oshiwara Branch Mumbai in Mumbai Suburban.
For example, the IFSC Code BDBL0002587 of Bandhan Bank Limited for the Oshiwara Branch Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0002587 of Bandhan Bank Limited for its Oshiwara Branch Mumbai branch located in Mumbai Suburban, 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 Mumbai Suburban and Oshiwara, 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 Oshiwara Branch Mumbai or Mumbai Suburban to get the exact IFSC Code BDBL0002587.
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 Mumbai Suburban, you'll get the correct details.
How to Use IFSC Code BDBL0002587 for Online Transfers?
Once you have the IFSC Code BDBL0002587 for the Oshiwara Branch Mumbai branch of Bandhan Bank Limited in Mumbai Suburban, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0002587. 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 BDBL0002587.
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 Oshiwara Branch Mumbai in Mumbai Suburban, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bandhan Bank Limited in Oshiwara Branch Mumbai, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bandhan Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Mumbai Suburban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0002587.
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 Shop No 11 And 12, Wing C, Shreedham Splendour, Oshiwara Sandipani Teachers Chs Ltd, -Link Road, Oshiwara, Jogeshwari West, Dist Mumbai Suburban, State - Maharashtra, Pin - 400102 located in Mumbai Suburban, Oshiwara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.