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 Bhatapara branch in Balodabazar, Balodabazar, Chhattisgarh, 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 Balodabazar or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code BARB0DBBHRA. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Bhatapara, Balodabazar
Below in the table are the key details related to IFSC Code BARB0DBBHRA of Bank Of Baroda for its branch located in Balodabazar, within the district of Balodabazar in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBBHRA |
| Branch | Bhatapara |
| City | Balodabazar |
| District | Balodabazar |
| State | Chhattisgarh |
| Address | Near Railway Stationcinema Line Bhatapara Balodabazar Chhattisgarh 493118 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Balodabazar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBBHRA for the Bhatapara branch of Bank Of Baroda is vital.
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 Bhatapara, Balodabazar, Chhattisgarh, are allotted a unique IFSC like BARB0DBBHRA to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Balodabazar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Balodabazar and Balodabazar.
- 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 Bhatapara reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code BARB0DBBHRA
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 Bhatapara in Balodabazar.
For example, the IFSC Code BARB0DBBHRA of Bank Of Baroda for the Bhatapara branch includes these elements, identifying the bank and the branch location in Balodabazar and Chhattisgarh accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0DBBHRA of Bank Of Baroda for its Bhatapara branch located in Balodabazar, the following methods can help:
Cheque Book
The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Balodabazar and Balodabazar, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Bhatapara or Balodabazar to get the exact IFSC Code BARB0DBBHRA.
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 keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and Balodabazar, you'll get the correct details.
How to Use IFSC Code BARB0DBBHRA for Online Transfers?
If you have the IFSC Code BARB0DBBHRA for the Bhatapara branch of Bank Of Baroda in Balodabazar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0DBBHRA. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Baroda IFSC Code BARB0DBBHRA.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Baroda Bhatapara in Balodabazar, it 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 Bhatapara, 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 Balodabazar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DBBHRA.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Railway Stationcinema Line Bhatapara Balodabazar Chhattisgarh 493118 located in Balodabazar, Balodabazar, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.