Bandhan Bank Madurai I IFSC Code
Bandhan Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Madurai I
Address
1st Floor, Zion Towers, No.39 Pandian Nagar By Pass Road Kalavasal Junction Madurai- 625016
View on Google MapsDistrict
Madurai
State
Tamil Nadu
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Other Bandhan Bank Branches in Madurai
2 nearby branches — click to view IFSC
Madurai (rao Tank Street Madurai Tami - 1792)
Door No 38/1 Ground First Floor , Sri Lakshmi Nivas, Krishna Rao Tank Street, Madurai, Tamilnadu, Pin-625001
Anna Nagar Branch Madurai (vandiyur Main Road Anna Naga - 2372)
Ap Towers, Ground Floor, 4/936 To 4/939, Vandiyur Main Road, Anna Nagar, Madurai-625020, Tamil Nadu
Frequently Asked Questions
About Bandhan Bank Madurai I (by Pass Road Kalavasal Junct - 2920), Madurai
The IFSC code BDBL0002920 (lowercase: bdbl0002920) belongs to Bandhan Bank, specifically the Madurai I (by Pass Road Kalavasal Junct - 2920) branch located in Madurai, Tamil Nadu.
The 5th character in the IFSC code BDBL0002920 is a zero (0), not the letter 'O'. The correct format is BDBL0002920 (lowercase: bdbl0002920), and not BDBLO002920. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Bandhan Bank Madurai I (by Pass Road Kalavasal Junct - 2920) in Madurai, Tamil Nadu is BDBL0002920. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Bandhan Bank Madurai I (by Pass Road Kalavasal Junct - 2920) is located at 1st Floor, Zion Towers, No.39 Pandian Nagar By Pass Road Kalavasal Junction Madurai- 625016, Madurai, Tamil Nadu. 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 Madurai I (by Pass Road Kalavasal Junct - 2920) is 625750004. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code BDBL0002920 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 BDBL0002920 by checking: (1) The top-left corner of any Bandhan Bank Madurai I (by Pass Road Kalavasal Junct - 2920) 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: BDBL0002920
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
BDBL0002920
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 — 002920
- The final 6 characters 002920 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.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | BDBL | Identifies Bandhan Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 002920 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Bandhan Bank
Madurai I (by Pass Road Kalavasal Junct - 2920), Madurai, Tamil Nadu
Cheque No.
00002920
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | BDBL0002920 | 625750004 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque 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.