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 Musabani Branch branch in Purbi-Singhbhum, Ranchi, or Jharkhand, 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 Purbi-Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BDBL0002237. 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, Musabani Branch, Purbi-Singhbhum
Below in the table are the key details related to IFSC Code BDBL0002237 of Bandhan Bank Limited for its branch located in Purbi-Singhbhum, within the district of Ranchi in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0002237 |
| Branch | Musabani Branch |
| City | Purbi-Singhbhum |
| District | Ranchi |
| State | Jharkhand |
| Address | Ground Floor,Prajapati Apartment,Near Pwd Colony,Musabanidist-East Singbhum,Jharkhand-Pin-832104 |
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 BDBL0002237 for the Musabani Branch 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 Musabani Branch, Purbi-Singhbhum, Jharkhand, is provided with a unique IFSC like BDBL0002237 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 Ranchi.
- 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 Musabani Branch do not get mixed with another location.
Format of the IFSC Code BDBL0002237
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): These represent the bank code. In Bandhan Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Musabani Branch in Purbi-Singhbhum.
For example, the IFSC Code BDBL0002237 of Bandhan Bank Limited for the Musabani Branch branch has these elements, identifying the bank and the branch location in Purbi-Singhbhum and Jharkhand correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0002237 of Bandhan Bank Limited for its Musabani Branch 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 Ranchi, 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 Musabani Branch or Purbi-Singhbhum to get the exact IFSC Code BDBL0002237.
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 BDBL0002237 for Online Transfers?
Once you have the IFSC Code BDBL0002237 for the Musabani Branch branch of Bandhan Bank Limited in Purbi-Singhbhum, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BDBL0002237. 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 BDBL0002237.
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 Musabani Branch in Purbi-Singhbhum, 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 Musabani Branch, 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 Purbi-Singhbhum manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0002237.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor,Prajapati Apartment,Near Pwd Colony,Musabanidist-East Singbhum,Jharkhand-Pin-832104 located in Purbi-Singhbhum, Ranchi, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.