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 Gunupur Branch branch in Rayagada, Gunupur, Odisha, 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 Rayagada or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BDBL0002399. 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, Gunupur Branch, Rayagada
Below in the table are the key details related to IFSC Code BDBL0002399 of Bandhan Bank Limited for its branch located in Rayagada, within the district of Gunupur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0002399 |
| Branch | Gunupur Branch |
| City | Rayagada |
| District | Gunupur |
| State | Odisha |
| Address | Main Road, Balaram Nagar, Atand Po. Gunupur, Dist. Rayagada, Odisha, Pin. 765022 |
These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Rayagada for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002399 for the Gunupur Branch 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 Gunupur Branch, Rayagada, Odisha, is provided a unique IFSC like BDBL0002399 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bandhan Bank Limited branch in Rayagada.
- 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 Rayagada and Gunupur.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Gunupur Branch do not get misguided to another person.
Format of the IFSC Code BDBL0002399
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 Gunupur Branch in Rayagada.
For example, the IFSC Code BDBL0002399 of Bandhan Bank Limited for the Gunupur Branch branch has these elements, identifying the bank and the branch location in Rayagada and Odisha correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0002399 of Bandhan Bank Limited for its Gunupur Branch branch located in Rayagada, the following methods can help:
Cheque Book
The cheque books that are issued by Bandhan Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bandhan Bank Limited branches in Rayagada and Gunupur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bandhan Bank Limited and find the branch locator section. Search for Gunupur Branch or Rayagada to get the exact IFSC Code BDBL0002399.
Mobile Banking App
If you use Bandhan Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bandhan Bank Limited and Rayagada that will provide accurate information.
How to Use IFSC Code BDBL0002399 for Online Transfers?
If you have the IFSC Code BDBL0002399 for the Gunupur Branch branch of Bandhan Bank Limited in Rayagada, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0002399. 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 BDBL0002399.
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 Gunupur Branch in Rayagada, it may result in delayed or failed transactions.
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 Gunupur 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 Rayagada manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0002399.
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 Main Road, Balaram Nagar, Atand Po. Gunupur, Dist. Rayagada, Odisha, Pin. 765022 located in Rayagada, Gunupur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.