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 Sathyamangalam branch in Erode, Sathyamangalam, or Tamil Nadu, 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 Erode or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BARB0SATHYA. 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, Sathyamangalam, Erode

Here are some of the key details that come with the IFSC Code BARB0SATHYA of Bank Of Baroda for its branch located in Erode, within the district of Sathyamangalam in the state of Tamil Nadu.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0SATHYA
Branch Sathyamangalam
City Erode
District Sathyamangalam
State Tamil Nadu
Address No. 359, Bazaar Street,Sathyamangalam,Erode Distrtict,Tamilnadu - 638401

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Erode for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0SATHYA for the Sathyamangalam branch of Bank Of Baroda is vital.

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 Sathyamangalam, Erode, Tamil Nadu, are given a unique IFSC like BARB0SATHYA to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Erode.
  • 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 Erode and Sathyamangalam.
  • 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 Sathyamangalam goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0SATHYA

This is the format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Sathyamangalam in Erode.

For example, the IFSC Code BARB0SATHYA of Bank Of Baroda for the Sathyamangalam branch includes these elements, identifying the bank and the branch location in Erode and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0SATHYA of Bank Of Baroda for its Sathyamangalam branch located in Erode, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Sathyamangalam or Erode to find the exact IFSC Code BARB0SATHYA.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Erode will provide accurate information.

How to Use IFSC Code BARB0SATHYA for Online Transfers?

If you have the IFSC Code BARB0SATHYA for the Sathyamangalam branch of Bank Of Baroda in Erode, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0SATHYA. 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 BARB0SATHYA.

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 Sathyamangalam in Erode, 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 Sathyamangalam, 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 Erode to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Sathyamangalam Erode?

The IFSC Code of the Sathyamangalam Erode branch is BARB0SATHYA.

Is IFSC Code BARB0SATHYA permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Baroda Sathyamangalam branch?

The branch is located at No. 359, Bazaar Street,Sathyamangalam,Erode Distrtict,Tamilnadu - 638401.

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.