For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Savedi,Ahmednagar ,Maharashtra branch in Ahmednaga, Savedi, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Ahmednaga or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0SAVEDI. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Savedi,Ahmednagar ,Maharashtra, Ahmednaga
Below in the table are the key details related to IFSC Code BARB0SAVEDI of Bank Of Baroda for its branch located in Ahmednaga, within the district of Savedi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0SAVEDI |
| Branch | Savedi,Ahmednagar ,Maharashtra |
| City | Ahmednaga |
| District | Savedi |
| State | Maharashtra |
| Address | 273/14 Gulmohor Road Corner,Savedi,Ahmednagar ,Maharashtra ┬Û 414003 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Ahmednaga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0SAVEDI for the Savedi,Ahmednagar ,Maharashtra branch of Bank Of Baroda plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Savedi,Ahmednagar ,Maharashtra, Ahmednaga, Maharashtra, are allotted a unique IFSC like BARB0SAVEDI to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmednaga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ahmednaga and Savedi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Baroda in Savedi,Ahmednagar ,Maharashtra reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BARB0SAVEDI
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Savedi,Ahmednagar ,Maharashtra in Ahmednaga.
For example, the IFSC Code BARB0SAVEDI of Bank Of Baroda for the Savedi,Ahmednagar ,Maharashtra branch has these elements, identifying the bank and the branch location in Ahmednaga and Maharashtra correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0SAVEDI of Bank Of Baroda for its Savedi,Ahmednagar ,Maharashtra branch located in Ahmednaga, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Baroda branches in Ahmednaga and Savedi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Savedi,Ahmednagar ,Maharashtra or Ahmednaga to get the exact IFSC Code BARB0SAVEDI.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Ahmednaga, then it will provide you proper information.
How to Use IFSC Code BARB0SAVEDI for Online Transfers?
Once you have the IFSC Code BARB0SAVEDI for the Savedi,Ahmednagar ,Maharashtra branch of Bank Of Baroda in Ahmednaga, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0SAVEDI. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0SAVEDI.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda Savedi,Ahmednagar ,Maharashtra in Ahmednaga may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Savedi,Ahmednagar ,Maharashtra, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Ahmednaga to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0SAVEDI.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 273/14 Gulmohor Road Corner,Savedi,Ahmednagar ,Maharashtra ┬Û 414003 located in Ahmednaga, Savedi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.