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Bandhan Bank

RAMACHANDRA RAO PETA BRANCH ELURU BRANCH

+918697724361

IFSC CODE
BDBL0002436
MICR Code 534750003
Branch Code 002436
City / District ELURU
State ANDHRA PRADESH
Office Address D.NO 23B-5-11/1 , CDMA ASSESSMENT NO 1075033931 , RAMACHANDRARAO PETA , ELURU MUNICIPALITY , ELURU , ANDHRA PRADESH - 534002
Phone +918697724361
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Bandhan Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the RAMACHANDRA RAO PETA BRANCH ELURU branch of Bandhan Bank, the code BDBL0002436 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BDBL0002436 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BDBL" represents Bandhan Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for RAMACHANDRA RAO PETA BRANCH ELURU

Payment Systems Supported by BDBL0002436

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—534750003—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bandhan Bank in ELURU typically follows the RBI holiday calendar. Digital transfers via BDBL0002436 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BDBL0002436 is the valid code for RAMACHANDRA RAO PETA BRANCH ELURU at ELURU, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • RAMACHANDRA RAO PETA BRANCH ELURU Contact
  • • Address of Bandhan Bank
  • • MICR Code Finder
  • • ANDHRA PRADESH Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
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  • • IFSC Finder v2.0

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