There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Asafali Road-New Delhi branch in Delhi, Delhi, Delhi, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code BARB0ASAFAL. You should 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, Asafali Road-New Delhi, Delhi
The table below shows the main details of the IFSC Code BARB0ASAFAL for the Bank Of Baroda branch in Delhi, which falls under the Delhi district in Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0ASAFAL |
| Branch | Asafali Road-New Delhi |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Asafali Rd, Jeevan Vikas Bhawan, 30/31 A, Asafali Rd, N. Delhi-110002 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0ASAFAL for the Asafali Road-New Delhi 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 Asafali Road-New Delhi, Delhi, Delhi, are allotted a unique IFSC like BARB0ASAFAL to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Delhi and Delhi.
- 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 Asafali Road-New Delhi reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code BARB0ASAFAL
The format of the IFSC Code for banks, including Bank Of Baroda, has 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 Asafali Road-New Delhi in Delhi.
For example, the IFSC Code BARB0ASAFAL of Bank Of Baroda for the Asafali Road-New Delhi branch includes these elements, identifying the bank and the branch location in Delhi and Delhi correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0ASAFAL of Bank Of Baroda for its Asafali Road-New Delhi branch located in Delhi, 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 Delhi and Delhi, 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 Asafali Road-New Delhi or Delhi to get the exact IFSC Code BARB0ASAFAL.
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 Delhi, you'll get the correct details.
How to Use IFSC Code BARB0ASAFAL for Online Transfers?
Once you have the IFSC Code BARB0ASAFAL for the Asafali Road-New Delhi branch of Bank Of Baroda in Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0ASAFAL. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0ASAFAL.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda Asafali Road-New Delhi in Delhi may result in delayed or failed transactions.
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 Asafali Road-New Delhi, 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 Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0ASAFAL.
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 Asafali Rd, Jeevan Vikas Bhawan, 30/31 A, Asafali Rd, N. Delhi-110002 located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.