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IFSC Code of Bandhan Bank Limited, Malkapur Karad, Pune, Maharashtra — BDBL0001017

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 Malkapur Karad branch in Satara, Pune, Maharashtra, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BDBL0001017. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bandhan Bank Limited, Malkapur Karad, Satara

Here are the main details that are associated with the IFSC Code BDBL0001017 of Bandhan Bank Limited for its branch located in Satara, within the district of Pune in the state of Maharashtra.

Particulars Details
Bank Bandhan Bank Limited
IFSC Code BDBL0001017
Branch Malkapur Karad
City Satara
District Pune
State Maharashtra
Address 295 2,Shriram Niwas,Pune -Banglore Road,Shastrinagar,Malkapur,Karad,Dist.Satara,Maharashtra,Pin -415110

These details helps users in online banking and for businesses and individuals who use Bandhan Bank Limited in Satara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0001017 for the Malkapur Karad 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 provided by the Reserve Bank of India. Every bank branch, along with Bandhan Bank Limited located in Malkapur Karad, Satara, Maharashtra, are given a unique IFSC like BDBL0001017 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Satara.
  • 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 Satara and Pune.
  • 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 Malkapur Karad goes to the correct branch. This is important because Bandhan Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BDBL0001017

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 Malkapur Karad in Satara.

For example, the IFSC Code BDBL0001017 of Bandhan Bank Limited for the Malkapur Karad branch has these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.

How to Find IFSC Code for Bandhan Bank Limited?

If you are trying to find the IFSC Code BDBL0001017 of Bandhan Bank Limited for its Malkapur Karad branch located in Satara, 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 Satara and Pune, 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 Malkapur Karad or Satara to get the exact IFSC Code BDBL0001017.

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 Satara that will provide accurate information.

How to Use IFSC Code BDBL0001017 for Online Transfers?

Once you have the IFSC Code BDBL0001017 for the Malkapur Karad branch of Bandhan Bank Limited in Satara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BDBL0001017. 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 BDBL0001017.

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 Malkapur Karad in Satara, 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 Malkapur Karad, 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 Satara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bandhan Bank Limited in Malkapur Karad, Satara?

The IFSC Code is BDBL0001017.

Is the IFSC Code BDBL0001017 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bandhan Bank Limited Malkapur Karad?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Malkapur Karad branch?

The address of the branch is 295 2,Shriram Niwas,Pune -Banglore Road,Shastrinagar,Malkapur,Karad,Dist.Satara,Maharashtra,Pin -415110 located in Satara, Pune, Maharashtra.

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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