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 Ongole branch in Prakasam, Ongole, Andhra Pradesh, 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 Prakasam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code BDBL0002060. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bandhan Bank Limited, Ongole, Prakasam

Below in the table are the key details related to IFSC Code BDBL0002060 of Bandhan Bank Limited for its branch located in Prakasam, within the district of Ongole in the state of Andhra Pradesh.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0002060
Branch Ongole
City Prakasam
District Ongole
State Andhra Pradesh
Address Ground Floor, D.No 5-37, 1 2 Kurnool Road, Ongole, Prakasam, Andhra Pradesh- 523002

These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Prakasam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002060 for the Ongole 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 Ongole, Prakasam, Andhra Pradesh, is provided with a unique IFSC like BDBL0002060 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bandhan Bank Limited branch in Prakasam.
  • 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 Prakasam and Ongole.
  • 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Ongole do not get mixed with another location.

Format of the IFSC Code BDBL0002060

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 Ongole in Prakasam.

For example, the IFSC Code BDBL0002060 of Bandhan Bank Limited for the Ongole branch includes these elements, identifying the bank and the branch location in Prakasam and Andhra Pradesh accurately.

How to Find IFSC Code for Bandhan Bank Limited?

If you are looking for the IFSC Code BDBL0002060 of Bandhan Bank Limited for its Ongole branch located in Prakasam, 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 Prakasam and Ongole, 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 Ongole or Prakasam to get the exact IFSC Code BDBL0002060.

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 Prakasam, then it will provide you proper information.

How to Use IFSC Code BDBL0002060 for Online Transfers?

Once you have the IFSC Code BDBL0002060 for the Ongole branch of Bandhan Bank Limited in Prakasam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BDBL0002060. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BDBL0002060.

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 Ongole in Prakasam, your payment can get delayed or might not go through at all.

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 Ongole, 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 Prakasam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited in Ongole, Prakasam?

The IFSC Code is BDBL0002060.

Is the IFSC Code BDBL0002060 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 Ongole?

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 Ongole branch?

The address of the branch is Ground Floor, D.No 5-37, 1 2 Kurnool Road, Ongole, Prakasam, Andhra Pradesh- 523002 located in Prakasam, Ongole, Andhra Pradesh.

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.