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 Munger branch in Munger, Patna, Bihar, 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 Munger or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BDBL0001174. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bandhan Bank Limited, Munger, Munger
Here are the main details that are associated with the IFSC Code BDBL0001174 of Bandhan Bank Limited for its branch located in Munger, within the district of Patna in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001174 |
| Branch | Munger |
| City | Munger |
| District | Patna |
| State | Bihar |
| Address | Gandhi Chowk Purab Sarai Road, P.O. Dist. Munger,Bihar, Pin- 811201 |
These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Munger for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001174 for the Munger branch of Bandhan Bank Limited is vital.
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, along with Bandhan Bank Limited located in Munger, Munger, Bihar, are allotted a unique IFSC like BDBL0001174 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Munger.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Munger and Patna.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bandhan Bank Limited in Munger reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code BDBL0001174
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 Munger in Munger.
For example, the IFSC Code BDBL0001174 of Bandhan Bank Limited for the Munger branch includes these elements, identifying the bank and the branch location in Munger and Bihar accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001174 of Bandhan Bank Limited for its Munger branch located in Munger, 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 Munger and Patna, 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 Munger or Munger to get the exact IFSC Code BDBL0001174.
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 Munger, you'll get the correct details.
How to Use IFSC Code BDBL0001174 for Online Transfers?
Once you have the IFSC Code BDBL0001174 for the Munger branch of Bandhan Bank Limited in Munger, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001174. 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 BDBL0001174.
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 Munger in Munger, 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 Munger, 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 Munger manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Munger Munger branch is BDBL0001174.
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 Gandhi Chowk Purab Sarai Road, P.O. Dist. Munger,Bihar, Pin- 811201.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.