For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bandhan Bank Limited for its Rangali Branch branch in Sambalpur, Sambalpur, Odisha, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bandhan Bank Limited located in Sambalpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BDBL0002427. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bandhan Bank Limited, Rangali Branch, Sambalpur
Below in the table are the key details related to IFSC Code BDBL0002427 of Bandhan Bank Limited for its branch located in Sambalpur, within the district of Sambalpur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0002427 |
| Branch | Rangali Branch |
| City | Sambalpur |
| District | Sambalpur |
| State | Odisha |
| Address | At-Po Rengali, Infront Of Post Office, Rengali, Ps Rengali, Dist Sambalpur, Odisha, Pin 768212 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Sambalpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002427 for the Rangali Branch branch of Bandhan Bank Limited has an 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, along with Bandhan Bank Limited located in Rangali Branch, Sambalpur, Odisha, are given a unique IFSC like BDBL0002427 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sambalpur.
- 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 Sambalpur and Sambalpur.
- 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 Rangali Branch goes to the correct branch. This is important because Bandhan Bank Limited has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BDBL0002427
The format of the IFSC Code for banks, including Bandhan Bank Limited, has 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 Rangali Branch in Sambalpur.
For example, the IFSC Code BDBL0002427 of Bandhan Bank Limited for the Rangali Branch branch includes these elements, identifying the bank and the branch location in Sambalpur and Odisha correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0002427 of Bandhan Bank Limited for its Rangali Branch branch located in Sambalpur, 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 Sambalpur and Sambalpur, 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 Rangali Branch or Sambalpur to get the exact IFSC Code BDBL0002427.
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 Sambalpur that will provide accurate information.
How to Use IFSC Code BDBL0002427 for Online Transfers?
If you have the IFSC Code BDBL0002427 for the Rangali Branch branch of Bandhan Bank Limited in Sambalpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0002427. 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 BDBL0002427.
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 Rangali Branch in Sambalpur, 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 Rangali 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 Sambalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BDBL0002427.
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 At-Po Rengali, Infront Of Post Office, Rengali, Ps Rengali, Dist Sambalpur, Odisha, Pin 768212 located in Sambalpur, Sambalpur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.