IFSCIndex

Bandhan Bank Padampur Branch IFSC Code

Bandhan Bank Logo

Bandhan Bank

BDBL0002241

IFSC · Used for NEFT, IMPS & RTGS

768750304

MICR · Used for Cheque Clearance

Branch

Padampur Branch

Address

Biswakeshan Memorial Complex, College Road, Padampur, Po. Rajborasambar, Dist. Bargarh, Odisha, Pin. 768036

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District

Bargarh

State

Odisha

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Frequently Asked Questions

About Bandhan Bank Padampur Branch (complex College Road Padampu - 2241), Bargarh

The IFSC code BDBL0002241 (lowercase: bdbl0002241) belongs to Bandhan Bank, specifically the Padampur Branch (complex College Road Padampu - 2241) branch located in Bargarh, Odisha.

The 5th character in the IFSC code BDBL0002241 is a zero (0), not the letter 'O'. The correct format is BDBL0002241 (lowercase: bdbl0002241), and not BDBLO002241. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Bandhan Bank Padampur Branch (complex College Road Padampu - 2241) in Bargarh, Odisha is BDBL0002241. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Bandhan Bank Padampur Branch (complex College Road Padampu - 2241) is located at Biswakeshan Memorial Complex, College Road, Padampur, Po. Rajborasambar, Dist. Bargarh, Odisha, Pin. 768036, Bargarh, Odisha. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Bandhan Bank Padampur Branch (complex College Road Padampu - 2241) is 768750304. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code BDBL0002241 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.

You can verify IFSC code BDBL0002241 by checking: (1) The top-left corner of any Bandhan Bank Padampur Branch (complex College Road Padampu - 2241) cheque leaf, (2) The first page of your Bandhan Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.

Understanding IFSC Code: BDBL0002241

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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BDBL
Bank Codechars 1–4
0Reservedchar 5
002241
Branch Codechars 6–11

BDBL0002241

What Each Part Means

Bank Code — BDBL
The first 4 characters uniquely identify Bandhan Bank at the national level. Every branch of Bandhan Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
Reserved — 0
The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
Branch Code — 002241
The final 6 characters 002241 uniquely identify this specific branch within the Bandhan Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
Quick reference for IFSC code BDBL0002241
SegmentCharsValuePurpose
Bank Code1–4BDBLIdentifies Bandhan Bank
Reserved50RBI reserved (always 0)
Branch Code6–11002241Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchBDBL0002241768750304
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque book issuance and clearing house processing

Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.