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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Baroda for its Binawar, Up branch in Budaun, Binawar, or Uttar Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of Baroda located in Budaun or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BARB0BLYBIN. 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, Binawar, Up, Budaun
Here are the key points that are associated with the IFSC Code BARB0BLYBIN of Bank Of Baroda for its branch located in Budaun, within the district of Binawar in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BLYBIN |
| Branch | Binawar, Up |
| City | Budaun |
| District | Binawar |
| State | Uttar Pradesh |
| Address | Vill. Binawar, Dist.Badaun, Uttar Pradesh - 243 634. |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Budaun for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0BLYBIN for the Binawar, Up branch of Bank Of Baroda is vital.
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 Binawar, Up, Budaun, Uttar Pradesh, are given a unique IFSC like BARB0BLYBIN to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Budaun.
- 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 Budaun and Binawar.
- 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 Binawar, Up goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BARB0BLYBIN
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 Binawar, Up in Budaun.
For example, the IFSC Code BARB0BLYBIN of Bank Of Baroda for the Binawar, Up branch includes these elements, identifying the bank and the branch location in Budaun and Uttar Pradesh accurately.
How to Find IFSC Code for Bank Of Baroda?
To find the IFSC Code BARB0BLYBIN of Bank Of Baroda for its Binawar, Up branch located in Budaun, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Budaun and Binawar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Binawar, Up or Budaun to find the exact IFSC Code BARB0BLYBIN.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Budaun will provide accurate information.
How to Use IFSC Code BARB0BLYBIN for Online Transfers?
Once you have the IFSC Code BARB0BLYBIN for the Binawar, Up branch of Bank Of Baroda in Budaun, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0BLYBIN. 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 BARB0BLYBIN.
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 Binawar, Up in Budaun, your payment can get delayed or might not go through at all.
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 Binawar, Up, 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 Budaun manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BLYBIN.
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 Vill. Binawar, Dist.Badaun, Uttar Pradesh - 243 634. located in Budaun, Binawar, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.