IFSC Code BDBL0002529 - Bandhan Bank Limited New Town Branch Mahabubnagar
GROUND FLOOR H NO 1-4-64-A NEWTOWN MAHABUBNAGAR TOWN DIST - MAHABUBNAGAR STATE - TELANGANA PIN - 509001
Quick Info
IFSC: BDBL0002529
Pincode: 509001
District: Mahabub Nagar
Status: Active
About Bandhan Bank Limited New Town Branch Mahabubnagar
IFSC Code BDBL0002529 belongs to Bandhan Bank Limited New Town Branch Mahabubnagar branch located in Mahabubnagar Town, Mahabub Nagar, Telangana. This branch serves customers in Mahabubnagar Town, Mahabub Nagar, Telangana and surrounding areas.
Understanding IFSC Code BDBL0002529
The IFSC (Indian Financial System Code) BDBL0002529 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (BDBL): Bank code identifying Bandhan Bank Limited
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (002529): Unique branch identifier for New Town Branch Mahabubnagar
Electronic Fund Transfer Services
IFSC Code BDBL0002529 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Bandhan Bank Limited New Town Branch Mahabubnagar branch is located at GROUND FLOOR H NO 1-4-64-A NEWTOWN MAHABUBNAGAR TOWN DIST - MAHABUBNAGAR STATE - TELANGANA PIN - 509001 (Pincode: 509001) in Mahabubnagar Town, Mahabub Nagar, Telangana. This location serves customers in Mahabubnagar Town, Mahabub Nagar, Telangana and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code BDBL0002529 to ensure the transaction is routed correctly.
How to Use IFSC Code BDBL0002529
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: BDBL0002529 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Bandhan Bank Limited Branches
If you're looking for other Bandhan Bank Limited branches in Mahabubnagar Town, Mahabub Nagar, Telangana or nearby areas, use our Bandhan Bank Limited branch finder. You can search by city, district, or state to find all Bandhan Bank Limited branches with their respective IFSC codes.
Branch Details
| IFSC Code: | BDBL0002529 |
| Bank Name: | Bandhan Bank Limited |
| Branch Name: | New Town Branch Mahabubnagar |
| Address: | GROUND FLOOR H NO 1-4-64-A NEWTOWN MAHABUBNAGAR TOWN DIST - MAHABUBNAGAR STATE - TELANGANA PIN - 509001 |
| City: | Mahabubnagar Town |
| District: | Mahabub Nagar |
| State: | Telangana |
| Pincode: | 509001 |
Payment Services Available
Bandhan Bank Limited New Town Branch Mahabubnagar Branch IFSC Code BDBL0002529 — Complete Banking Guide for Mahabubnagar Town, Telangana
IFSC code BDBL0002529 belongs to the New Town Branch Mahabubnagar branch of Bandhan Bank Limited in Mahabubnagar Town, Mahabub Nagar district, Telangana. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC BDBL0002529 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Bandhan Bank Limited, New Town Branch Mahabubnagar Branch
The New Town Branch Mahabubnagar branch of Bandhan Bank Limited in Mahabubnagar Town, Telangana serves retail and corporate customers in Mahabub Nagar district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC BDBL0002529 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC BDBL0002529
Four primary digital payment rails use IFSC BDBL0002529 for transfers to Bandhan Bank Limited, New Town Branch Mahabubnagar: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC BDBL0002529 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the New Town Branch Mahabubnagar branch of Bandhan Bank Limited in Mahabubnagar Town carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC BDBL0002529 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC BDBL0002529 Before Transferring
Before initiating any high-value transfer to IFSC BDBL0002529, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Bandhan Bank Limited's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Bandhan Bank Limited New Town Branch Mahabubnagar, Mahabubnagar Town IFSC
What is the IFSC of Bandhan Bank Limited New Town Branch Mahabubnagar in Mahabubnagar Town?
The IFSC of Bandhan Bank Limited, New Town Branch Mahabubnagar branch in Mahabubnagar Town, Telangana is BDBL0002529. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC BDBL0002529?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC BDBL0002529 to route funds to Bandhan Bank Limited, New Town Branch Mahabubnagar, Mahabubnagar Town.
Who assigns IFSC codes like BDBL0002529?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Bandhan Bank Limited applied for the IFSC for its New Town Branch Mahabubnagar branch in Mahabubnagar Town, and RBI issued BDBL0002529 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC BDBL0002529 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC BDBL0002529 at Bandhan Bank Limited, New Town Branch Mahabubnagar, Mahabubnagar Town. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC BDBL0002529.
About IFSC Code BDBL0002529
IFSC Code BDBL0002529 belongs to Bandhan Bank Limited branch New Town Branch Mahabubnagar located in Mahabubnagar Town, Mahabub Nagar, Telangana.
Branch Information
- IFSC Code: BDBL0002529
- Bank: Bandhan Bank Limited
- Branch: New Town Branch Mahabubnagar
- Address: GROUND FLOOR H NO 1-4-64-A NEWTOWN MAHABUBNAGAR TOWN DIST - MAHABUBNAGAR STATE - TELANGANA PIN - 509001
- City: Mahabubnagar Town
- District: Mahabub Nagar
- State: Telangana
- Pincode: 509001
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available