Use this page as a one-stop reference for everything related to Bandhan Bank Limited's MARVE ROAD MALAD WEST BRANCH branch in MUMBAI, MAHARASHTRA. The branch's IFSC code BDBL0002423 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.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Bandhan Bank Limited – MARVE ROAD MALAD WEST BRANCH is BDBL0002423. The first four letters BDBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002423 map to this branch in MUMBAI, MAHARASHTRA.
Branch details at a glance
| Bank Name | Bandhan Bank Limited |
|---|---|
| Branch | Marve Road Malad West Branch |
| IFSC Code | BDBL0002423 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MANAS, PLOT 12, KHANDELWAL LAYOUT, MALAD LINK ROAD, MALAD WEST MUMBAI - 400067 |
| City | Mumbai |
| District | Mumbai Suburban |
| State | Maharashtra |
| Phone | 9230524231 |
About the bank
Bandhan Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Marve Road Malad West Branch branch in Mumbai, Maharashtra is part of this network and uses the IFSC code BDBL0002423 for all electronic settlement.
About this branch
The branch is located at MANAS, PLOT 12, KHANDELWAL LAYOUT, MALAD LINK ROAD, MALAD WEST MUMBAI - 400067. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Bandhan Bank Limited. The IFSC BDBL0002423 is used to identify this branch on the RBI payments network.
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 MARVE ROAD MALAD WEST BRANCH of Bandhan Bank Limited — its own 11-character IFSC. The code BDBL0002423 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 BDBL0002423 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC BDBL0002423
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 BDBL0002423 across all three.
NEFT to Bandhan Bank Limited, MARVE ROAD MALAD WEST BRANCH using IFSC BDBL0002423
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 BDBL0002423, and confirm that the system picks up Bandhan Bank Limited – MARVE ROAD MALAD WEST BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MARVE ROAD MALAD WEST BRANCH
If you need to transfer ₹2 lakh or more in one go to an account at Bandhan Bank Limited's MARVE ROAD MALAD WEST BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BDBL0002423 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Bandhan Bank Limited – MARVE ROAD MALAD WEST BRANCH, use IMPS. With IFSC BDBL0002423 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BDBL0002423 for Bandhan Bank Limited – MARVE ROAD MALAD WEST BRANCH, 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 – BDBL0002423 | Yes – BDBL0002423 | Yes – BDBL0002423 |
For most retail customers crediting the Marve Road Malad West Branch 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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Bandhan Bank Limited's MARVE ROAD MALAD WEST BRANCH branch, the IFSC BDBL0002423 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Marve Road Malad West Branch branch is mapped to IFSC BDBL0002423 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 BDBL0002423.
Products and services
Customers walking into the Marve Road Malad West Branch 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 BDBL0002423
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Bandhan Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC BDBL0002423 and the account number together uniquely identify the Marve Road Malad West Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Marve Road Malad West Branch branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BDBL0002423 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Bandhan Bank Limited – MARVE ROAD MALAD WEST BRANCH:
- The IFSC is exactly BDBL0002423 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Bandhan Bank Limited as the bank name and MARVE ROAD MALAD WEST BRANCH as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
How to reach the Marve Road Malad West Branch branch
The branch is located at MANAS, PLOT 12, KHANDELWAL LAYOUT, MALAD LINK ROAD, MALAD WEST MUMBAI - 400067, which puts it inside Mumbai, the broader Mumbai Suburban district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Bandhan Bank Limited Marve Road Malad West Branch branch” — the verified location pin for IFSC BDBL0002423 should appear at the top of the results.
- Confirm the branch is open by calling 9230524231 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BDBL0002423 and your account number.
Verifying IFSC BDBL0002423 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm BDBL0002423 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 9230524231.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Marve Road Malad West Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BDBL0002423, however, work 24x7.
Branch address & contact
Bandhan Bank LimitedMarve Road Malad West Branch Branch
MANAS, PLOT 12, KHANDELWAL LAYOUT, MALAD LINK ROAD, MALAD WEST MUMBAI - 400067
Mumbai, Maharashtra
Phone: 9230524231
IFSC: BDBL0002423
Frequently asked questions
Can I use IFSC BDBL0002423 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC BDBL0002423 to send funds instantly.
Where is Bandhan Bank Limited Marve Road Malad West Branch branch located?
Bandhan Bank Limited's Marve Road Malad West Branch branch is located at MANAS, PLOT 12, KHANDELWAL LAYOUT, MALAD LINK ROAD, MALAD WEST MUMBAI - 400067, Mumbai, Maharashtra.
Is IFSC BDBL0002423 valid for NEFT and RTGS?
Yes. IFSC BDBL0002423 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
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 Marve Road Malad West Branch branch but serve different purposes.
Is IFSC BDBL0002423 the same for all accounts at Marve Road Malad West Branch branch?
Yes. The IFSC BDBL0002423 is shared by every account held at Bandhan Bank Limited's Marve Road Malad West Branch branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using BDBL0002423 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Bandhan Bank Limited – Marve Road Malad West Branch reflect within 30 minutes.
What is the phone number of Bandhan Bank Limited Marve Road Malad West Branch branch?
You can reach the branch at 9230524231 during regular banking hours.
Final notes
To recap: BDBL0002423 is the IFSC code of Bandhan Bank Limited, MARVE ROAD MALAD WEST BRANCH branch, in MUMBAI, MAHARASHTRA. 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.
