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 Ballarpur Main branch in Chandrapur, Ballarpur, or Maharashtra, 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 Chandrapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0BALLAR. 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, Ballarpur Main, Chandrapur
Here are some of the key details that come with the IFSC Code BARB0BALLAR of Bank Of Baroda for its branch located in Chandrapur, within the district of Ballarpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BALLAR |
| Branch | Ballarpur Main |
| City | Chandrapur |
| District | Ballarpur |
| State | Maharashtra |
| Address | Opposite New Bus Stand Allapalli Road,Ballarpur ,Maharashtra - 442 701. |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Chandrapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BALLAR for the Ballarpur Main branch of Bank Of Baroda has 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, along with Bank Of Baroda located in Ballarpur Main, Chandrapur, Maharashtra, are allotted a unique IFSC like BARB0BALLAR to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chandrapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Chandrapur and Ballarpur.
- 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 Ballarpur Main reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BARB0BALLAR
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ballarpur Main in Chandrapur.
For example, the IFSC Code BARB0BALLAR of Bank Of Baroda for the Ballarpur Main branch includes these elements, identifying the bank and the branch location in Chandrapur and Maharashtra accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BALLAR of Bank Of Baroda for its Ballarpur Main branch located in Chandrapur, 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 Chandrapur and Ballarpur, 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 Ballarpur Main or Chandrapur to get the exact IFSC Code BARB0BALLAR.
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 Chandrapur that will provide accurate information.
How to Use IFSC Code BARB0BALLAR for Online Transfers?
Once you have the IFSC Code BARB0BALLAR for the Ballarpur Main branch of Bank Of Baroda in Chandrapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0BALLAR. 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 BARB0BALLAR.
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 Ballarpur Main in Chandrapur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Ballarpur Main, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Chandrapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BALLAR.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Opposite New Bus Stand Allapalli Road,Ballarpur ,Maharashtra - 442 701. located in Chandrapur, Ballarpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.