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 Parsa branch in Saran, Patna, Bihar, 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 Saran or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BDBL0001473. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bandhan Bank Limited, Parsa, Saran
Here are the key points that are associated with the IFSC Code BDBL0001473 of Bandhan Bank Limited for its branch located in Saran, within the district of Patna in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0001473 |
| Branch | Parsa |
| City | Saran |
| District | Patna |
| State | Bihar |
| Address | Vill Jaminpur,P.O.Parsa,Dist.Saran,Bihar,Pin -841219 |
These details help users in online banking and for businesses and individuals who use Bandhan Bank Limited in Saran for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001473 for the Parsa 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 Parsa, Saran, Bihar, is provided with a unique IFSC like BDBL0001473 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bandhan Bank Limited branch in Saran.
- 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 Saran and Patna.
- 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Bandhan Bank Limited in Parsa do not get mixed with another location.
Format of the IFSC Code BDBL0001473
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 Parsa in Saran.
For example, the IFSC Code BDBL0001473 of Bandhan Bank Limited for the Parsa branch has these elements, identifying the bank and the branch location in Saran and Bihar correctly.
How to Find IFSC Code for Bandhan Bank Limited?
If you are trying to find the IFSC Code BDBL0001473 of Bandhan Bank Limited for its Parsa branch located in Saran, 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
Most banks, including Bandhan Bank Limited branches in Saran and Patna, print the IFSC and MICR codes 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 Parsa or Saran to get the exact IFSC Code BDBL0001473.
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 Saran, you'll get the correct details.
How to Use IFSC Code BDBL0001473 for Online Transfers?
Once you have the IFSC Code BDBL0001473 for the Parsa branch of Bandhan Bank Limited in Saran, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0001473. 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 BDBL0001473.
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 Parsa in Saran, it can 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 Parsa, 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 Saran manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Parsa Saran branch is BDBL0001473.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Vill Jaminpur,P.O.Parsa,Dist.Saran,Bihar,Pin -841219.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.