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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Opposite Alka Hotel branch in Faizabad, Faizabad, Uttar Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of Baroda located in Faizabad or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code BARB0FATFAI. 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, Opposite Alka Hotel, Faizabad
Here are the main details that are associated with the IFSC Code BARB0FATFAI of Bank Of Baroda for its branch located in Faizabad, within the district of Faizabad in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0FATFAI |
| Branch | Opposite Alka Hotel |
| City | Faizabad |
| District | Faizabad |
| State | Uttar Pradesh |
| Address | Opposite Alka Hotel, Rekabganj,Faizabad -224001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Faizabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0FATFAI for the Opposite Alka Hotel branch of Bank Of Baroda has an 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 Opposite Alka Hotel, Faizabad, Uttar Pradesh, is provided a unique IFSC like BARB0FATFAI so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Faizabad.
- 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 Faizabad and Faizabad.
- 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 Uttar Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Opposite Alka Hotel do not get misguided to another person.
Format of the IFSC Code BARB0FATFAI
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 Opposite Alka Hotel in Faizabad.
For example, the IFSC Code BARB0FATFAI of Bank Of Baroda for the Opposite Alka Hotel branch includes these elements, identifying the bank and the branch location in Faizabad and Uttar Pradesh correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0FATFAI of Bank Of Baroda for its Opposite Alka Hotel branch located in Faizabad, 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 Faizabad and Faizabad, 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 Opposite Alka Hotel or Faizabad to get the exact IFSC Code BARB0FATFAI.
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 Faizabad, you'll get the correct details.
How to Use IFSC Code BARB0FATFAI for Online Transfers?
Once you have the IFSC Code BARB0FATFAI for the Opposite Alka Hotel branch of Bank Of Baroda in Faizabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0FATFAI. 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 BARB0FATFAI.
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 Opposite Alka Hotel in Faizabad, 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 Opposite Alka Hotel, 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 Faizabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0FATFAI.
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 Opposite Alka Hotel, Rekabganj,Faizabad -224001 located in Faizabad, Faizabad, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.