For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bandhan Bank Limited for its Panskura branch in Purba Midnapore, Midnapore, West Bengal, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bandhan Bank Limited located in Purba Midnapore or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code BDBL0001930. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bandhan Bank Limited, Panskura, Purba Midnapore
Here are the main details that are associated with the IFSC Code BDBL0001930 of Bandhan Bank Limited for its branch located in Purba Midnapore, within the district of Midnapore in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001930 |
| Branch | Panskura |
| City | Purba Midnapore |
| District | Midnapore |
| State | West Bengal |
| Address | 1St Floor, Vill-Bahargram, P.O P.S-Panskura, Ward No.10, Dist.-East Midnapore,West Bengal, Pin- 721152 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Purba Midnapore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001930 for the Panskura branch of Bandhan Bank Limited has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BDBL0001930 is given to every bank branch, including Bandhan Bank Limited located in Panskura, Purba Midnapore, West Bengal, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Purba Midnapore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Purba Midnapore and Midnapore.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across West Bengal and the rest of India, which is why the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Panskura doesn't end up at another location.
Format of the IFSC Code BDBL0001930
This is the format of the IFSC Code for banks, including Bandhan Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bandhan Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Panskura in Purba Midnapore.
For example, the IFSC Code BDBL0001930 of Bandhan Bank Limited for the Panskura branch includes these elements, identifying the bank and the branch location in Purba Midnapore and West Bengal accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001930 of Bandhan Bank Limited for its Panskura branch located in Purba Midnapore, 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 Purba Midnapore and Midnapore, 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 Panskura or Purba Midnapore to get the exact IFSC Code BDBL0001930.
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 Purba Midnapore, you'll get the correct details.
How to Use IFSC Code BDBL0001930 for Online Transfers?
Once you have the IFSC Code BDBL0001930 for the Panskura branch of Bandhan Bank Limited in Purba Midnapore, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001930. 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 BDBL0001930.
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 Panskura in Purba Midnapore, it can 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 Panskura, 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 Purba Midnapore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0001930.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 1St Floor, Vill-Bahargram, P.O P.S-Panskura, Ward No.10, Dist.-East Midnapore,West Bengal, Pin- 721152 located in Purba Midnapore, Midnapore, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.