The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its Saibabacolny Branch branch in Coimbatore, Coimbatore, Tamil Nadu, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Baroda located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BARB0SAICOI. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Saibabacolny Branch, Coimbatore

Here are some of the key details that come with the IFSC Code BARB0SAICOI of Bank Of Baroda for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0SAICOI
Branch Saibabacolny Branch
City Coimbatore
District Coimbatore
State Tamil Nadu
Address Saibabacolny Branch,Personal Bkg Br.,96,A.K.Nagar,Narayana Guru Road,,Coimbatore,641011

These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Coimbatore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0SAICOI for the Saibabacolny Branch branch of Bank Of Baroda has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0SAICOI is given to every bank branch, including Bank Of Baroda located in Saibabacolny Branch, Coimbatore, Tamil Nadu, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Coimbatore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Coimbatore and Coimbatore.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Saibabacolny Branch doesn't end up at another location.

Format of the IFSC Code BARB0SAICOI

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 Saibabacolny Branch in Coimbatore.

For example, the IFSC Code BARB0SAICOI of Bank Of Baroda for the Saibabacolny Branch branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0SAICOI of Bank Of Baroda for its Saibabacolny Branch branch located in Coimbatore, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Bank Of Baroda branches in Coimbatore and Coimbatore, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Saibabacolny Branch or Coimbatore to get the exact IFSC Code BARB0SAICOI.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and Coimbatore, you'll get the correct details.

How to Use IFSC Code BARB0SAICOI for Online Transfers?

If you have the IFSC Code BARB0SAICOI for the Saibabacolny Branch branch of Bank Of Baroda in Coimbatore, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0SAICOI. 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 BARB0SAICOI.

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 Saibabacolny Branch in Coimbatore, it may result in delayed or failed transactions.

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 Saibabacolny Branch, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Coimbatore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Saibabacolny Branch, Coimbatore?

The IFSC Code is BARB0SAICOI.

Is the IFSC Code BARB0SAICOI permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Saibabacolny Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Saibabacolny Branch branch?

The address of the branch is Saibabacolny Branch,Personal Bkg Br.,96,A.K.Nagar,Narayana Guru Road,,Coimbatore,641011 located in Coimbatore, Coimbatore, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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