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 Dhaniyana Circle branch in Banaskantha, Palanpur, Gujarat, 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 Banaskantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BARB0DHACIR. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Dhaniyana Circle, Banaskantha
Below in the table are the key details related to IFSC Code BARB0DHACIR of Bank Of Baroda for its branch located in Banaskantha, within the district of Palanpur in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DHACIR |
| Branch | Dhaniyana Circle |
| City | Banaskantha |
| District | Palanpur |
| State | Gujarat |
| Address | Shop No 4, Ground Floor, Suvarnbhumi Arcade, Near Dhaniyana Circle, Village Virpur, Ta Palanpur, Dist Banaskantha, Gujarat 385001 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Banaskantha for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DHACIR for the Dhaniyana Circle branch of Bank Of Baroda plays 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 Dhaniyana Circle, Banaskantha, Gujarat, is provided a unique IFSC like BARB0DHACIR so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Banaskantha.
- 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 Banaskantha and Palanpur.
- 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Dhaniyana Circle do not get misguided to another person.
Format of the IFSC Code BARB0DHACIR
The format of the IFSC Code for banks, including Bank Of Baroda, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of Baroda, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dhaniyana Circle in Banaskantha.
For example, the IFSC Code BARB0DHACIR of Bank Of Baroda for the Dhaniyana Circle branch includes these elements, identifying the bank and the branch location in Banaskantha and Gujarat correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0DHACIR of Bank Of Baroda for its Dhaniyana Circle branch located in Banaskantha, 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of Baroda branches in Banaskantha and Palanpur, print them 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 Dhaniyana Circle or Banaskantha to get the exact IFSC Code BARB0DHACIR.
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 Banaskantha, you'll get the correct details.
How to Use IFSC Code BARB0DHACIR for Online Transfers?
Once you have the IFSC Code BARB0DHACIR for the Dhaniyana Circle branch of Bank Of Baroda in Banaskantha, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0DHACIR. The transfer is completed in batches instead of instantly. It is useful for both 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 BARB0DHACIR.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Baroda Dhaniyana Circle in Banaskantha, your payment can get delayed or might not go through at all.
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 Dhaniyana Circle, 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 Banaskantha to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DHACIR.
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 Shop No 4, Ground Floor, Suvarnbhumi Arcade, Near Dhaniyana Circle, Village Virpur, Ta Palanpur, Dist Banaskantha, Gujarat 385001 located in Banaskantha, Palanpur, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.