Bandhan Bank Limited

RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.

These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take the Bandhan Bank Limited IFSC code: "BDBL0001590" - IFSC Code of Bandhan Bank Limited branch in Shakespeare Sarani, Kolkata, West Bengal. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Bandhan Bank Limited account or to other bank accounts.

• Here, the first four alphabets, BDBL, indicate the bank name, i.e., Bandhan Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 000159 - denotes a particular branch of Shakespeare Sarani, Kolkata, West Bengal.

The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another through electronic Instant Mobile Money Transfer service (IMPS), and Centralized Funds Management System (CFMS) instructed by RBI.

RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via, NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Bandhan Bank Limited IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Bandhan Bank Limited.The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bandhan Bank Limited branches throughout India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for Bandhan Bank Limited. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Bandhan Bank Limited Branch Details

• Andaman And Nicobar Island

• Andhra Pradesh

• Assam

• Bihar

• Chandigarh

• Chhattisgarh

• Delhi

• Goa

• Gujarat

• Haryana

• Himachal Pradesh

• Jammu And Kashmir

• Jharkhand

• Karnataka

• Kerala

• Madhya Pradesh

• Maharashtra

• Manipur

• Meghalaya

• Mizoram

• Nagaland

• Odisha

• Puducherry

• Punjab

• Rajasthan

• Sikkim

• Tamil Nadu

• Tripura

• Uttar Pradesh

• Uttarakhand

• West Bengal

ABOUT AUSTRALIA BANDHAN BANK

It all began in the 1990s, when Mr. Chandra Shekhar Ghosh observed the plight of Kolkata's small-time traders. To grow their business, they had no option except high-interest loans from traditional moneylenders. His deep desire to help them led to the creation of Bandhan, a microfinance institution providing loans and hope to the poorest. Soon, Bandhan made history by growing into a bank that serves all socio-economic sections across the country. Today, Bandhan has truly expanded, but its mission remains the same to build a new and financially inclusive India.

In 2001, Bandhan started as a society that stood for financial inclusion and women empowerment through sustainable livelihood creation. Started microfinance operations in rural Bengal.

vision

The bank vision is to be a world class bank that offers convenient and affordable financial solutions to all, in an inclusive and sustainable manner.

Mission

The bank mission is to provide its customers accessible, simple, cost effective and innovative financial solutions in a courteous and responsible manner. To create value for all stakeholders through a committed team, robust policies, and superior systems and technology. The bank Board of Directors mission is to uphold Bandhan Bank as a caring bank that offers world-class financial solutions to all.

Bandhan bank values

• The bank values are anchored around its business ethics, consumer focus and corporate responsibility towards society are large. The commitment of Core Management Team is to offer world class financial solutions to all while maintaining a high level of trust and care.
• The bank targeting to help poor.Till now, the bank reached the poor people in 12 States, 10,009 Villages, 1,29,972 Households and 98,493 Families Graduated under a unique programme "Hardcore Poor Program". Grants (in the form of free assets, not cash) are offered to destitute women. They started generating income out of this asset and are subsequently able to support themselves by independently making a living.
• It is seen that within 18-24 months of this grant intervention, these extremely poor beneficiaries start to graduate to a basic income-earning capability, uplifting themselves from extreme poverty and connecting with mainstream society.
• This programme follows a 360-degree approach. Besides providing free assets, consistent counselling and mentoring support is also extended. A weekly subsistence allowance is also given to these women to help them meet their daily basic expenses until the assets begin to yield returns. Financial literacy is imparted so that they can make informed financial decisions. Education on socially relevant issues is also offered to increase their awareness and help them live better lives.
• A critical component of this programme is Ati Daridra Sahayak Committee, which brings together influencers in villages to serve as guardians of these beneficiaries even beyond the programme period of 24 months. Overall confidence-building is done so that they do not fall into the poverty trap again. Over the years, it has been seen that there has been a positive impact of this intervention in the lives of many.
• There are certain beneficiaries who have been able to move away from a stage in life where they were even contemplating suicide for want of money to a stage where they earn thousands of rupees as monthly income, have a healthy life, and meet all the basic needs of their families.

The Education Programme

The bank offers education programme to encourage various age group of underprivileged children to begin and sustain academics in a congenial environment. A unique, low-cost, innovative model has been adopted to ensure that these children receive quality education. Education centres have been set up in rural areas. These centres aim to reach out to the non-school-going and dropout children with special focus on the girls, from economically constrained families. These free non-formal primary schools, known as Bandhan Education Centres. It also provides complimentary school kits and focus on classroom learning, attendance, and extra-curricular activities. Further, the programme has also set up low-cost formal schools called Bandhan

Academy, that provide holistic development for children, which include academics and extracurricular activities.

Employing the Unemployed Programme

This programme is aimed at addressing the issue of unemployment in 5 States, 114 Villages, 38,180 beneficiaries with help of 26 centres in India. Vocational centres known as Bandhan Skill Development Centres (BSDC) are set up which provide training to unemployed youth. They can choose from an array of domains such as sales, hospitality, ITs-BPO, computerised accounting, refrigerator and air conditioner repair, etc. After successful completion of these skill development courses, candidates either explore entrepreneurial opportunities or get placed with reputed companies.

For further details contact
The Head Office,
Floors 12-14,
5, Sector V,
Salt Lake City,
Kolkata,
West Bengal - 700091.
Toll free no: 1800-258-8181
customer care no: 033-44099090.