There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Paikasahi, Orissa branch in Angul, Angul, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Angul or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BARB0PAIKAS. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Paikasahi, Orissa, Angul
Here are some of the key details that come with the IFSC Code BARB0PAIKAS of Bank Of Baroda for its branch located in Angul, within the district of Angul in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0PAIKAS |
| Branch | Paikasahi, Orissa |
| City | Angul |
| District | Angul |
| State | Odisha |
| Address | Paikasahi Via Athamallick, Dist.Angul, Orissa - 759 125. |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Angul for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0PAIKAS for the Paikasahi, Orissa branch of Bank Of Baroda has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Paikasahi, Orissa, Angul, Odisha, is provided a unique IFSC like BARB0PAIKAS so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Angul.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Angul and Angul.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Paikasahi, Orissa do not get misguided to another person.
Format of the IFSC Code BARB0PAIKAS
This is the format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Paikasahi, Orissa in Angul.
For example, the IFSC Code BARB0PAIKAS of Bank Of Baroda for the Paikasahi, Orissa branch includes these elements, identifying the bank and the branch location in Angul and Odisha accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0PAIKAS of Bank Of Baroda for its Paikasahi, Orissa branch located in Angul, 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 Angul and Angul, 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 Paikasahi, Orissa or Angul to get the exact IFSC Code BARB0PAIKAS.
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 Angul, then it will provide you proper information.
How to Use IFSC Code BARB0PAIKAS for Online Transfers?
Once you have the IFSC Code BARB0PAIKAS for the Paikasahi, Orissa branch of Bank Of Baroda in Angul, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0PAIKAS. 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 BARB0PAIKAS.
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 Paikasahi, Orissa in Angul may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Paikasahi, Orissa, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Angul manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Paikasahi, Orissa Angul branch is BARB0PAIKAS.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Paikasahi Via Athamallick, Dist.Angul, Orissa - 759 125..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.