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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bandhan Bank Limited for its Bhandarkar Road branch in Pune, Pune, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bandhan Bank Limited located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0001593. 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, Bhandarkar Road, Pune
Below in the table are the key details related to IFSC Code BDBL0001593 of Bandhan Bank Limited for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001593 |
| Branch | Bhandarkar Road |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | A1.1,A1.2 Herekar Park,Ketkar Road,Off Bhandarkar Road,Near Kamala Nehru Park,Deccan Gymkhana,Pune,Maharashtra,Pin -411 004 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001593 for the Bhandarkar Road 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bandhan Bank Limited located in Bhandarkar Road, Pune, Maharashtra, is provided a unique IFSC like BDBL0001593 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bandhan Bank Limited branch in Pune.
- 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 Pune and Pune.
- 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 Bhandarkar Road do not get misguided to another person.
Format of the IFSC Code BDBL0001593
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 Bhandarkar Road in Pune.
For example, the IFSC Code BDBL0001593 of Bandhan Bank Limited for the Bhandarkar Road branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are looking for the IFSC Code BDBL0001593 of Bandhan Bank Limited for its Bhandarkar Road branch located in Pune, 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 Pune and Pune, 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 Bhandarkar Road or Pune to get the exact IFSC Code BDBL0001593.
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 Pune, then it will provide you proper information.
How to Use IFSC Code BDBL0001593 for Online Transfers?
Once you have the IFSC Code BDBL0001593 for the Bhandarkar Road branch of Bandhan Bank Limited in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001593. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0001593.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bandhan Bank Limited Bhandarkar Road in Pune 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 Bhandarkar Road, 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 Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Bhandarkar Road Pune branch is BDBL0001593.
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 A1.1,A1.2 Herekar Park,Ketkar Road,Off Bhandarkar Road,Near Kamala Nehru Park,Deccan Gymkhana,Pune,Maharashtra,Pin -411 004.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.