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 Bokaro Main Branch branch in Bokaro, Bokaro Steel City, Jharkhand, 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 Bokaro or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BARB0BOKARO. 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, Bokaro Main Branch, Bokaro
Here are the main details that are associated with the IFSC Code BARB0BOKARO of Bank Of Baroda for its branch located in Bokaro, within the district of Bokaro Steel City in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BOKARO |
| Branch | Bokaro Main Branch |
| City | Bokaro |
| District | Bokaro Steel City |
| State | Jharkhand |
| Address | Bokaro Main Branch,City Centre,Sector-4, Bokaro Steel City,Bokaro Steel City,827004 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Bokaro for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BOKARO for the Bokaro Main Branch 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Bokaro Main Branch, Bokaro, Jharkhand, is provided with a unique IFSC like BARB0BOKARO to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Bokaro.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bokaro and Bokaro Steel City.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Bokaro Main Branch do not get mixed with another location.
Format of the IFSC Code BARB0BOKARO
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 Bokaro Main Branch in Bokaro.
For example, the IFSC Code BARB0BOKARO of Bank Of Baroda for the Bokaro Main Branch branch includes these elements, identifying the bank and the branch location in Bokaro and Jharkhand accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BOKARO of Bank Of Baroda for its Bokaro Main Branch branch located in Bokaro, 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 Bokaro and Bokaro Steel City, 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 Bokaro Main Branch or Bokaro to get the exact IFSC Code BARB0BOKARO.
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 Bokaro that will provide accurate information.
How to Use IFSC Code BARB0BOKARO for Online Transfers?
If you have the IFSC Code BARB0BOKARO for the Bokaro Main Branch branch of Bank Of Baroda in Bokaro, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BOKARO. 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 BARB0BOKARO.
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 Bokaro Main Branch in Bokaro, it 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 Bokaro Main 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 Bokaro manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BOKARO.
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 Bokaro Main Branch,City Centre,Sector-4, Bokaro Steel City,Bokaro Steel City,827004 located in Bokaro, Bokaro Steel City, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.