Use this page as a one-stop reference for everything related to Bandhan Bank Limited's BALOD I branch in BALOD, CHHATTISGARH. The branch's IFSC code BDBL0002830 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, BDBL0002830 is the IFSC of Bandhan Bank Limited's BALOD I branch. The format is fixed: BDBL = bank code, 0 = reserved, 002830 = branch identifier.
About Bandhan Bank Limited
Bandhan Bank Limited operates a wide network of branches across India, including the Balod I branch in Balod. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, BDBL0002830.
Branch details at a glance
| Bank Name | Bandhan Bank Limited |
|---|---|
| Branch | Balod I |
| IFSC Code | BDBL0002830 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 1ST FLOOR,ABOVE CENTRAL BANK OF INDIA,GANJPARA,BALOD-491226,CHHATTISGARH |
| City | Balod |
| District | Balod |
| State | Chhattisgarh |
| STD Code | 33 |
| Phone | 40456456 |
Balod I branch overview
Located at 1ST FLOOR,ABOVE CENTRAL BANK OF INDIA,GANJPARA,BALOD-491226,CHHATTISGARH, the Balod I branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC BDBL0002830 is required for all interbank electronic transfers routed through this branch.
Why every Bandhan Bank Limited branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including BALOD I of Bandhan Bank Limited — its own 11-character IFSC. The code BDBL0002830 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BDBL0002830 the same way you would treat your account number — verify it once and save it carefully for future use.
Products and account variants supported
Every account opened at the Balod I branch is mapped to IFSC BDBL0002830 on the RBI payments network. The branch generally supports the full retail product catalogue of Bandhan Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains BDBL0002830.
Products and services
Customers walking into the Balod I branch can access most of Bandhan Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BDBL0002830
How to transfer money using IFSC BDBL0002830
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BDBL0002830 across all three.
NEFT to Bandhan Bank Limited, BALOD I using IFSC BDBL0002830
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC BDBL0002830, and confirm that the system picks up Bandhan Bank Limited – BALOD I. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC BDBL0002830
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Bandhan Bank Limited – BALOD I, ensure your bank's portal accepts IFSC BDBL0002830 while registering the beneficiary. RTGS is also available 24x7.
IMPS to Bandhan Bank Limited BALOD I (IFSC BDBL0002830)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC BDBL0002830 in your mobile or internet banking app, and the money is credited to the BALOD I branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BDBL0002830 for Bandhan Bank Limited – BALOD I, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BDBL0002830 | Yes – BDBL0002830 | Yes – BDBL0002830 |
For most retail customers crediting the Balod I branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC BDBL0002830
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Bandhan Bank Limited – BALOD I is still mapped to IFSC BDBL0002830. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BDBL0002830 and the beneficiary's account number to complete the transfer.
Online banking and IFSC BDBL0002830
Bandhan Bank Limited customers can register for net banking and the bank's official mobile app once their account at the BALOD I branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC BDBL0002830 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR & cheque-truncation details
Cheques drawn on the Balod I branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BDBL0002830 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC BDBL0002830
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Bandhan Bank Limited – BALOD I, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BDBL0002830. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Balod I branch sits at 1ST FLOOR,ABOVE CENTRAL BANK OF INDIA,GANJPARA,BALOD-491226,CHHATTISGARH. If you are travelling from outside Balod, search for the branch on a maps application using the bank name and locality, or call 33-40456456 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC BDBL0002830 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BDBL0002830 for Bandhan Bank Limited – BALOD I, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Working hours
Branch counters at Balod I are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to BDBL0002830 continue to work without interruption.
Branch address & contact
Bandhan Bank LimitedBalod I Branch
1ST FLOOR,ABOVE CENTRAL BANK OF INDIA,GANJPARA,BALOD-491226,CHHATTISGARH
Balod, Chhattisgarh
Phone: 33-40456456
IFSC: BDBL0002830
Frequently asked questions
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Balod I branch but serve different purposes.
Is IFSC BDBL0002830 the same for all accounts at Balod I branch?
Yes. The IFSC BDBL0002830 is shared by every account held at Bandhan Bank Limited's Balod I branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BDBL0002830 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bandhan Bank Limited – Balod I reflect within 30 minutes.
How do I add Bandhan Bank Limited Balod I as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BDBL0002830, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC BDBL0002830 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BDBL0002830 to send funds instantly.
Where is Bandhan Bank Limited Balod I branch located?
Bandhan Bank Limited's Balod I branch is located at 1ST FLOOR,ABOVE CENTRAL BANK OF INDIA,GANJPARA,BALOD-491226,CHHATTISGARH, Balod, Chhattisgarh.
Does Bandhan Bank Limited Balod I branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 33-40456456 to confirm.
What is the phone number of Bandhan Bank Limited Balod I branch?
You can reach the branch at 33-40456456 during regular banking hours.
Final notes
To recap: BDBL0002830 is the IFSC code of Bandhan Bank Limited, BALOD I branch, in BALOD, CHHATTISGARH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
