IFSC Code of Bandhan Bank Limited, Koel Nagar Branch Rourkela Branch, Odisha

Use this page as a one-stop reference for everything related to Bandhan Bank Limited's KOEL NAGAR BRANCH ROURKELA branch in SAMBALPUR, ODISHA. The branch's IFSC code BDBL0002428 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.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Bandhan Bank Limited's KOEL NAGAR BRANCH ROURKELA branch, the IFSC BDBL0002428 breaks down as follows: BDBL identifies the bank, 0 is the reserved character, and 002428 identifies this particular branch.

Branch details at a glance

Bank profile

Bandhan Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Koel Nagar Branch Rourkela branch — IFSC BDBL0002428 — extends the bank's services to customers in and around Sambalpur, Odisha.

About this branch

The branch is located at GROUND FLOOR,D-64,KOEL NAGAR,ROURKELA,PS JHIRPANI,DIST-SUNDERGARH,ODISHA,PIN-769014. It serves the Sambalpur 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 BDBL0002428 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 KOEL NAGAR BRANCH ROURKELA of Bandhan Bank Limited — its own 11-character IFSC. The code BDBL0002428 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 BDBL0002428 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 BDBL0002428

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 BDBL0002428 across all three.

How to use IFSC BDBL0002428 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Bandhan Bank Limited's KOEL NAGAR BRANCH ROURKELA branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC BDBL0002428.
4. Confirm the bank name auto-populates as Bandhan Bank Limited and the branch as KOEL NAGAR BRANCH ROURKELA.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to KOEL NAGAR BRANCH ROURKELA

If you need to transfer ₹2 lakh or more in one go to an account at Bandhan Bank Limited's KOEL NAGAR BRANCH ROURKELA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BDBL0002428 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 – KOEL NAGAR BRANCH ROURKELA, use IMPS. With IFSC BDBL0002428 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Koel Nagar Branch Rourkela

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC BDBL0002428:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at KOEL NAGAR BRANCH ROURKELA is still linked to IFSC BDBL0002428.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

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 KOEL NAGAR BRANCH ROURKELA branch, the IFSC BDBL0002428 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 Koel Nagar Branch Rourkela branch is mapped to IFSC BDBL0002428 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 BDBL0002428.

Products and services

Customers walking into the Koel Nagar Branch Rourkela 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 BDBL0002428

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 BDBL0002428 and the account number together uniquely identify the Koel Nagar Branch Rourkela branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC BDBL0002428

Bandhan Bank Limited customers can register for net banking and the bank's official mobile app once their account at the KOEL NAGAR BRANCH ROURKELA 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 BDBL0002428 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.

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 – KOEL NAGAR BRANCH ROURKELA:

• The IFSC is exactly BDBL0002428 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 KOEL NAGAR BRANCH ROURKELA 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 Koel Nagar Branch Rourkela branch

The branch is located at GROUND FLOOR,D-64,KOEL NAGAR,ROURKELA,PS JHIRPANI,DIST-SUNDERGARH,ODISHA,PIN-769014, which puts it inside Sambalpur, the broader Sundargarh district, and the state of Odisha. To plan your visit:

1. Open Google Maps on your phone and search for “Bandhan Bank Limited Koel Nagar Branch Rourkela branch” — the verified location pin for IFSC BDBL0002428 should appear at the top of the results.
2. Confirm the branch is open by calling 33-66090909 before stepping out, especially around public holidays.
3. 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 BDBL0002428 and your account number.

Verifying IFSC BDBL0002428 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 BDBL0002428 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 33-66090909.
• 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 Koel Nagar Branch Rourkela branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BDBL0002428, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: BDBL0002428 is the IFSC code of Bandhan Bank Limited, KOEL NAGAR BRANCH ROURKELA branch, in SAMBALPUR, ODISHA. 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.