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 Basant Lok Branch 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 BARB0BASANT. 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, Basant Lok Branch, Delhi
Here are some of the key details that come with the IFSC Code BARB0BASANT of Bank Of Baroda for its branch located in Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BASANT |
| Branch | Basant Lok Branch |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Basant Lok Branch,8, Basant Lok, Vasant Vihar,,New Delhi,110057 |
These details help 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 BARB0BASANT for the Basant Lok 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Basant Lok Branch, Delhi, Delhi, is provided a unique IFSC like BARB0BASANT so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Delhi.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Delhi and Delhi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Delhi and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Basant Lok Branch do not get misguided to another person.
Format of the IFSC Code BARB0BASANT
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Basant Lok Branch in Delhi.
For example, the IFSC Code BARB0BASANT of Bank Of Baroda for the Basant Lok Branch branch has 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 looking for the IFSC Code BARB0BASANT of Bank Of Baroda for its Basant Lok Branch branch located in Delhi, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Baroda branches in Delhi and Delhi, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Basant Lok Branch or Delhi to get the exact IFSC Code BARB0BASANT.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Delhi, then it will provide you proper information.
How to Use IFSC Code BARB0BASANT for Online Transfers?
Once you have the IFSC Code BARB0BASANT for the Basant Lok Branch branch of Bank Of Baroda in Delhi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BASANT. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Baroda IFSC Code BARB0BASANT.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Baroda Basant Lok Branch in Delhi, it can 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 Basant Lok 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 Delhi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BASANT.
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 Basant Lok Branch,8, Basant Lok, Vasant Vihar,,New Delhi,110057 located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.