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 Mahavir Enclave branch in Delhi, Delhi, or Delhi, 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 Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code BARB0MAHDEL. 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, Mahavir Enclave, Delhi
Here are the key points that are associated with the IFSC Code BARB0MAHDEL 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 | BARB0MAHDEL |
| Branch | Mahavir Enclave |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Rz-1A-25,Mahavir Enclave,Main Palam,Dabri Road,New Delhi,Delhi ┬Û 110045 |
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 BARB0MAHDEL for the Mahavir Enclave 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0MAHDEL is given to every bank branch, including Bank Of Baroda located in Mahavir Enclave, Delhi, Delhi, 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 Delhi.
- 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 Delhi and Delhi.
- 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 Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Mahavir Enclave doesn't end up at another location.
Format of the IFSC Code BARB0MAHDEL
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 Mahavir Enclave in Delhi.
For example, the IFSC Code BARB0MAHDEL of Bank Of Baroda for the Mahavir Enclave 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 BARB0MAHDEL of Bank Of Baroda for its Mahavir Enclave 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 Mahavir Enclave or Delhi to get the exact IFSC Code BARB0MAHDEL.
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 BARB0MAHDEL for Online Transfers?
Once you have the IFSC Code BARB0MAHDEL for the Mahavir Enclave 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 BARB0MAHDEL. 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 BARB0MAHDEL.
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 Mahavir Enclave in Delhi may 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 Mahavir Enclave, 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 of the Mahavir Enclave Delhi branch is BARB0MAHDEL.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rz-1A-25,Mahavir Enclave,Main Palam,Dabri Road,New Delhi,Delhi ┬Û 110045.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.