There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bandhan Bank Limited for its Jugsalai branch in Purbi Singhbhum, Tatanagar, Jharkhand, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bandhan Bank Limited situated in Purbi Singhbhum or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code BDBL0002472. You should 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, Jugsalai, Purbi Singhbhum

The table below shows the main details of the IFSC Code BDBL0002472 for the Bandhan Bank Limited branch in Purbi Singhbhum, which falls under the Tatanagar district in Jharkhand.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0002472
Branch Jugsalai
City Purbi Singhbhum
District Tatanagar
State Jharkhand
Address First Floor,Kailash Tower,135 Hm Station Road,Jugsalai,Tatanagar,Dist-East Singbhum,State-Jharkhand,Pin-831006

These details help users in online banking and for businesses and individuals who use Bandhan Bank Limited in Purbi Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002472 for the Jugsalai branch of Bandhan Bank Limited has a very important 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 Jugsalai, Purbi Singhbhum, Jharkhand, is provided with a unique IFSC like BDBL0002472 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bandhan Bank Limited branch in Purbi Singhbhum.
  • 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 Purbi Singhbhum and Tatanagar.
  • 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Jugsalai do not get mixed with another location.

Format of the IFSC Code BDBL0002472

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 Jugsalai in Purbi Singhbhum.

For example, the IFSC Code BDBL0002472 of Bandhan Bank Limited for the Jugsalai branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.

How to Find IFSC Code for Bandhan Bank Limited?

If you are trying to find the IFSC Code BDBL0002472 of Bandhan Bank Limited for its Jugsalai branch located in Purbi Singhbhum, 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 Purbi Singhbhum and Tatanagar, 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 Jugsalai or Purbi Singhbhum to get the exact IFSC Code BDBL0002472.

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 Purbi Singhbhum, you'll get the correct details.

How to Use IFSC Code BDBL0002472 for Online Transfers?

If you have the IFSC Code BDBL0002472 for the Jugsalai branch of Bandhan Bank Limited in Purbi Singhbhum, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BDBL0002472. Transfers are processed in batches. 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. Asks for the recipient's account details and Bandhan Bank Limited IFSC Code BDBL0002472.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bandhan Bank Limited Jugsalai in Purbi Singhbhum, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bandhan Bank Limited in Jugsalai, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Purbi Singhbhum manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited in Jugsalai, Purbi Singhbhum?

The IFSC Code is BDBL0002472.

Is the IFSC Code BDBL0002472 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bandhan Bank Limited Jugsalai?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jugsalai branch?

The address of the branch is First Floor,Kailash Tower,135 Hm Station Road,Jugsalai,Tatanagar,Dist-East Singbhum,State-Jharkhand,Pin-831006 located in Purbi Singhbhum, Tatanagar, Jharkhand.

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.