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IFSC Code of Bandhan Bank Limited, Bina, Bhopal, Madhya Pradesh — BDBL0001363

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bandhan Bank Limited for its Bina branch in Sagar, Bhopal, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bandhan Bank Limited located in Sagar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BDBL0001363. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bandhan Bank Limited, Bina, Sagar

The table below shows the main details of the IFSC Code BDBL0001363 for the Bandhan Bank Limited branch in Sagar, which falls under the Bhopal district in Madhya Pradesh.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0001363
Branch Bina
City Sagar
District Bhopal
State Madhya Pradesh
Address Near Mahaveer Chowk Mall Godam Road,Bina,Madhya Pradesh,Pin - 470113

These details are important not only for users using online banking but also for businesses and individuals who use Bandhan Bank Limited in Sagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BDBL0001363 for the Bina branch of Bandhan Bank Limited is vital.

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, along with Bandhan Bank Limited located in Bina, Sagar, Madhya Pradesh, are given a unique IFSC like BDBL0001363 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Sagar and Bhopal.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bandhan Bank Limited in Bina goes to the correct branch. This is important because Bandhan Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BDBL0001363

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): Show the bank code. For Bandhan Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bina in Sagar.

For example, the IFSC Code BDBL0001363 of Bandhan Bank Limited for the Bina branch includes these elements, identifying the bank and the branch location in Sagar and Madhya Pradesh accurately.

How to Find IFSC Code for Bandhan Bank Limited?

If you are trying to find the IFSC Code BDBL0001363 of Bandhan Bank Limited for its Bina branch located in Sagar, 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 Sagar and Bhopal, 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 Bina or Sagar to get the exact IFSC Code BDBL0001363.

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 Sagar, you'll get the correct details.

How to Use IFSC Code BDBL0001363 for Online Transfers?

Once you have the IFSC Code BDBL0001363 for the Bina branch of Bandhan Bank Limited in Sagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BDBL0001363. 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 BDBL0001363.

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 Bina in Sagar, it can 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 Bina, 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 Sagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited Bina Sagar?

The IFSC Code of the Bina Sagar branch is BDBL0001363.

Is IFSC Code BDBL0001363 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bandhan Bank Limited Bina branch?

The branch is located at Near Mahaveer Chowk Mall Godam Road,Bina,Madhya Pradesh,Pin - 470113.

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.

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