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 Koel Nagar Branch Rourkela branch in Sundargarh, Sambalpur, 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 Sundargarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BDBL0002428. 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, Koel Nagar Branch Rourkela, Sundargarh
Below in the table are the key details related to IFSC Code BDBL0002428 of Bandhan Bank Limited for its branch located in Sundargarh, within the district of Sambalpur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bandhan Bank Limited |
| IFSC Code | BDBL0002428 |
| Branch | Koel Nagar Branch Rourkela |
| City | Sundargarh |
| District | Sambalpur |
| State | Odisha |
| Address | Ground Floor,D-64,Koel Nagar,Rourkela,Ps Jhirpani,Dist-Sundergarh,Odisha,Pin-769014 |
These details are essential not only for online banking users but also for businesses and individuals who use Bandhan Bank Limited in Sundargarh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BDBL0002428 for the Koel Nagar Branch Rourkela branch of Bandhan Bank Limited plays 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 Koel Nagar Branch Rourkela, Sundargarh, Odisha, are given a unique IFSC like BDBL0002428 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sundargarh.
- 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 Sundargarh 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 Koel Nagar Branch Rourkela 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 BDBL0002428
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 Koel Nagar Branch Rourkela in Sundargarh.
For example, the IFSC Code BDBL0002428 of Bandhan Bank Limited for the Koel Nagar Branch Rourkela branch includes these elements, identifying the bank and the branch location in Sundargarh and Odisha accurately.
How to Find IFSC Code for Bandhan Bank Limited?
If you are looking for the IFSC Code BDBL0002428 of Bandhan Bank Limited for its Koel Nagar Branch Rourkela branch located in Sundargarh, the following methods can help:
Cheque Book
The cheque book that is issued by Bandhan Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bandhan Bank Limited branches in Sundargarh and Sambalpur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bandhan Bank Limited and look for the branch locator section, then search for Koel Nagar Branch Rourkela or Sundargarh to get the exact IFSC Code BDBL0002428.
Mobile Banking App
If you use Bandhan Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bandhan Bank Limited and Sundargarh, then it will provide you proper information.
How to Use IFSC Code BDBL0002428 for Online Transfers?
If you have the IFSC Code BDBL0002428 for the Koel Nagar Branch Rourkela branch of Bandhan Bank Limited in Sundargarh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BDBL0002428. 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 BDBL0002428.
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 Koel Nagar Branch Rourkela in Sundargarh, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bandhan Bank Limited in Koel Nagar Branch Rourkela, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Sundargarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Koel Nagar Branch Rourkela Sundargarh branch is BDBL0002428.
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 Ground Floor,D-64,Koel Nagar,Rourkela,Ps Jhirpani,Dist-Sundergarh,Odisha,Pin-769014.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.