Following are the IFSC Code Details of Kolkata Branch Bandhan Bank Limited Darjeeling BDBL0001046

Which Bank IFSC Code is BDBL0001046?

IFSC Code BDBL0001046 belongs to Branch Name: Panitanki of Bandhan Bank Limited located at Vill Gandogol Jote,P.O.Dulal Jote,Dist.Darjeeling,West Bengal,Pin -734429

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Bandhan Bank Limited:

• A young bank with a big impact: Founded in 2015, Bandhan Bank is India’s first microfinance institution to convert into a universal bank.
• Reaching the underserved: With over 3.17 crore customers and 6,238 banking outlets across India, Bandhan Bank focuses on providing financial services to the unbanked and underbanked population, particularly in rural areas.
• Financial inclusion champion: Bandhan Bank’s motto, “Aapka Bhala. Sabki Bhalai.” (Your benefit. Everyone’s welfare.), reflects its commitment to inclusive banking and empowering communities.
• Microfinance pioneer: The bank’s roots lie in Bandhan, a microfinance NGO established in 2001 by Chandra Shekhar Ghosh. Its group-based lending model has helped millions of women entrepreneurs access small loans to grow their businesses.
• Technology-driven approach: Bandhan Bank leverages technology extensively to reach its customers in remote areas and provide efficient services. This includes mobile banking, internet banking, and a network of accessible ATMs.

Here are some of the key features of Bandhan Bank Limited:

• Extensive reach: Bandhan Bank has the largest microfinance banking network in India, making it a leader in financial inclusion.
• Strong brand recognition: The bank is known for its customer-centric approach and social impact initiatives.
• Focus on women empowerment: Bandhan Bank has empowered millions of women entrepreneurs through its microfinance programs.
• Profitable and sustainable: Despite its focus on underserved communities, Bandhan Bank has demonstrated financial stability and profitability.