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 Ulwe branch in Raigad, Panvel, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0002076. 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, Ulwe, Raigad
Here are some of the key details that come with the IFSC Code BDBL0002076 of Bandhan Bank Limited for its branch located in Raigad, within the district of Panvel in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0002076 |
| Branch | Ulwe |
| City | Raigad |
| District | Panvel |
| State | Maharashtra |
| Address | Shop No-6,Ground Floor,White Woods,Plot No-204,Sector 23,Ulwe,Panvel,Dist-Raigad,State-Maharashtra,Pin-410206 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002076 for the Ulwe 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 that is provided by the Reserve Bank of India. A unique IFSC like BDBL0002076 is given to every bank branch, including Bandhan Bank Limited located in Ulwe, Raigad, Maharashtra, 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 Raigad.
- 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 Raigad and Panvel.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Ulwe doesn't end up at another location.
Format of the IFSC Code BDBL0002076
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 Ulwe in Raigad.
For example, the IFSC Code BDBL0002076 of Bandhan Bank Limited for the Ulwe branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are looking for the IFSC Code BDBL0002076 of Bandhan Bank Limited for its Ulwe branch located in Raigad, 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 Raigad and Panvel, 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 Ulwe or Raigad to get the exact IFSC Code BDBL0002076.
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 Raigad, then it will provide you proper information.
How to Use IFSC Code BDBL0002076 for Online Transfers?
Once you have the IFSC Code BDBL0002076 for the Ulwe branch of Bandhan Bank Limited in Raigad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0002076. 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 BDBL0002076.
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 Ulwe in Raigad, 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 Ulwe, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0002076.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No-6,Ground Floor,White Woods,Plot No-204,Sector 23,Ulwe,Panvel,Dist-Raigad,State-Maharashtra,Pin-410206 located in Raigad, Panvel, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.