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 Yerragunta branch in Bhadradri Kothagudem, Yerragunta, Telangana, 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 Bhadradri Kothagudem or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code BARB0VJYERR. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Yerragunta, Bhadradri Kothagudem
Below in the table are the key details related to IFSC Code BARB0VJYERR of Bank Of Baroda for its branch located in Bhadradri Kothagudem, within the district of Yerragunta in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0VJYERR |
| Branch | Yerragunta |
| City | Bhadradri Kothagudem |
| District | Yerragunta |
| State | Telangana |
| Address | Yerragunta , Chandraguda Mandal , Bhadradri District , Yerragunta , 507316 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Bhadradri Kothagudem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0VJYERR for the Yerragunta 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 Yerragunta, Bhadradri Kothagudem, Telangana, are given a unique IFSC like BARB0VJYERR to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhadradri Kothagudem.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Bhadradri Kothagudem and Yerragunta.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of Baroda in Yerragunta goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BARB0VJYERR
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 Yerragunta in Bhadradri Kothagudem.
For example, the IFSC Code BARB0VJYERR of Bank Of Baroda for the Yerragunta branch includes these elements, identifying the bank and the branch location in Bhadradri Kothagudem and Telangana accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0VJYERR of Bank Of Baroda for its Yerragunta branch located in Bhadradri Kothagudem, the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of Baroda include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Bhadradri Kothagudem and Yerragunta, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Baroda and find the branch locator section. Search for Yerragunta or Bhadradri Kothagudem to get the exact IFSC Code BARB0VJYERR.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can easily 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 to help you in searching for Bank Of Baroda and Bhadradri Kothagudem that will provide accurate information.
How to Use IFSC Code BARB0VJYERR for Online Transfers?
Once you have the IFSC Code BARB0VJYERR for the Yerragunta branch of Bank Of Baroda in Bhadradri Kothagudem, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0VJYERR. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BARB0VJYERR.
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 Yerragunta in Bhadradri Kothagudem, 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 Yerragunta, 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 Bhadradri Kothagudem to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0VJYERR.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Yerragunta , Chandraguda Mandal , Bhadradri District , Yerragunta , 507316 located in Bhadradri Kothagudem, Yerragunta, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.