Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Banswara Branch branch in Banswara, Banswara, Rajasthan, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of Baroda located in Banswara or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BARB0BANSWA. You should definitely 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, Banswara Branch, Banswara
Below in the table are the key details related to IFSC Code BARB0BANSWA of Bank Of Baroda for its branch located in Banswara, within the district of Banswara in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BANSWA |
| Branch | Banswara Branch |
| City | Banswara |
| District | Banswara |
| State | Rajasthan |
| Address | Banswara Branch,Custom Road Banswara - 327001,Banswara,327001 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Banswara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BANSWA for the Banswara Branch 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 Banswara Branch, Banswara, Rajasthan, are allotted a unique IFSC like BARB0BANSWA to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Banswara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Banswara and Banswara.
- 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 Banswara Branch reaches the right place, even though there are thousands of branches in Rajasthan and across India.
Format of the IFSC Code BARB0BANSWA
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): 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 Banswara Branch in Banswara.
For example, the IFSC Code BARB0BANSWA of Bank Of Baroda for the Banswara Branch branch includes these elements, identifying the bank and the branch location in Banswara and Rajasthan accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BANSWA of Bank Of Baroda for its Banswara Branch branch located in Banswara, 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 Banswara and Banswara, 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 Banswara Branch or Banswara to get the exact IFSC Code BARB0BANSWA.
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 Banswara, you'll get the correct details.
How to Use IFSC Code BARB0BANSWA for Online Transfers?
Once you have the IFSC Code BARB0BANSWA for the Banswara Branch branch of Bank Of Baroda in Banswara, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BANSWA. 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 BARB0BANSWA.
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 Banswara Branch in Banswara may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Banswara Branch, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Banswara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Banswara Branch Banswara branch is BARB0BANSWA.
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 Banswara Branch,Custom Road Banswara - 327001,Banswara,327001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.