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 Bhilai Branch branch in Durg, Bhilainagar, or Chandigarh, 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 Durg or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code BARB0BHILAI. 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, Bhilai Branch, Durg
Here are some of the key details that come with the IFSC Code BARB0BHILAI of Bank Of Baroda for its branch located in Durg, within the district of Bhilainagar in the state of Chandigarh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BHILAI |
| Branch | Bhilai Branch |
| City | Durg |
| District | Bhilainagar |
| State | Chandigarh |
| Address | Bhilai Branch,Civic Centre,Bhilai,490006 |
These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Durg for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BHILAI for the Bhilai 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Bhilai Branch, Durg, Chandigarh, are given a unique IFSC like BARB0BHILAI to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Durg.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Durg and Bhilainagar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of Baroda in Bhilai Branch goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Chandigarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BARB0BHILAI
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 Bhilai Branch in Durg.
For example, the IFSC Code BARB0BHILAI of Bank Of Baroda for the Bhilai Branch branch includes these elements, identifying the bank and the branch location in Durg and Chandigarh accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BHILAI of Bank Of Baroda for its Bhilai Branch branch located in Durg, 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 Durg and Bhilainagar, 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 Bhilai Branch or Durg to get the exact IFSC Code BARB0BHILAI.
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 Durg that will provide accurate information.
How to Use IFSC Code BARB0BHILAI for Online Transfers?
Once you have the IFSC Code BARB0BHILAI for the Bhilai Branch branch of Bank Of Baroda in Durg, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BHILAI. 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 BARB0BHILAI.
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 Bhilai Branch in Durg, it can 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 Bhilai Branch, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Durg to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BHILAI.
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 Bhilai Branch,Civic Centre,Bhilai,490006 located in Durg, Bhilainagar, Chandigarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.