The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its Faizabad branch in Ayodhya, Ayodhya, Uttar Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of Baroda located in Ayodhya or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BARB0DBFAIZ. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Faizabad, Ayodhya
Here are the main details that are associated with the IFSC Code BARB0DBFAIZ of Bank Of Baroda for its branch located in Ayodhya, within the district of Ayodhya in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBFAIZ |
| Branch | Faizabad |
| City | Ayodhya |
| District | Ayodhya |
| State | Uttar Pradesh |
| Address | 230 Rakabgangfaizabad 224001 Faizabad Faizabad Uttar Pradesh 224001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Ayodhya for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBFAIZ for the Faizabad 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0DBFAIZ is given to every bank branch, including Bank Of Baroda located in Faizabad, Ayodhya, Uttar Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Ayodhya.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ayodhya and Ayodhya.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Faizabad doesn't end up at another location.
Format of the IFSC Code BARB0DBFAIZ
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Faizabad in Ayodhya.
For example, the IFSC Code BARB0DBFAIZ of Bank Of Baroda for the Faizabad branch includes these elements, identifying the bank and the branch location in Ayodhya and Uttar Pradesh accurately.
How to Find IFSC Code for Bank Of Baroda?
To find the IFSC Code BARB0DBFAIZ of Bank Of Baroda for its Faizabad branch located in Ayodhya, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Ayodhya and Ayodhya, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Faizabad or Ayodhya to find the exact IFSC Code BARB0DBFAIZ.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Ayodhya will provide accurate information.
How to Use IFSC Code BARB0DBFAIZ for Online Transfers?
Once you have the IFSC Code BARB0DBFAIZ for the Faizabad branch of Bank Of Baroda in Ayodhya, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0DBFAIZ. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Baroda IFSC Code BARB0DBFAIZ.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Baroda Faizabad in Ayodhya, it can 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 Faizabad, 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 Ayodhya to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Faizabad Ayodhya branch is BARB0DBFAIZ.
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 230 Rakabgangfaizabad 224001 Faizabad Faizabad Uttar Pradesh 224001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.