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 Kohefiza branch in Bhopal, Huzur, Madhya Pradesh, 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 Bhopal or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0KOHEFI. 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, Kohefiza, Bhopal
Here are some of the key details that come with the IFSC Code BARB0KOHEFI of Bank Of Baroda for its branch located in Bhopal, within the district of Huzur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0KOHEFI |
| Branch | Kohefiza |
| City | Bhopal |
| District | Huzur |
| State | Madhya Pradesh |
| Address | A8 Koh E Fiza Main Road Tehsil Hujur Bhopal Dist Bhopal Madhya Pradesh 462001 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Bhopal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KOHEFI for the Kohefiza 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 Kohefiza, Bhopal, Madhya Pradesh, are given a unique IFSC like BARB0KOHEFI to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bhopal.
- 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 Bhopal and Huzur.
- 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 Kohefiza goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BARB0KOHEFI
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 Kohefiza in Bhopal.
For example, the IFSC Code BARB0KOHEFI of Bank Of Baroda for the Kohefiza branch includes these elements, identifying the bank and the branch location in Bhopal and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0KOHEFI of Bank Of Baroda for its Kohefiza branch located in Bhopal, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Baroda branches in Bhopal and Huzur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Kohefiza or Bhopal to get the exact IFSC Code BARB0KOHEFI.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Bhopal, then it will provide you proper information.
How to Use IFSC Code BARB0KOHEFI for Online Transfers?
Once you have the IFSC Code BARB0KOHEFI for the Kohefiza branch of Bank Of Baroda in Bhopal, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0KOHEFI. 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 BARB0KOHEFI.
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 Kohefiza in Bhopal, it can 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 Kohefiza, 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 Bhopal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0KOHEFI.
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 A8 Koh E Fiza Main Road Tehsil Hujur Bhopal Dist Bhopal Madhya Pradesh 462001 located in Bhopal, Huzur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.