For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Mandigobindgarh branch in Fatehgarh Sahib, Fatehgarh Sahib, Punjab, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Fatehgarh Sahib or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code BARB0DBMGOB. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Mandigobindgarh, Fatehgarh Sahib
Here are the main details that are associated with the IFSC Code BARB0DBMGOB of Bank Of Baroda for its branch located in Fatehgarh Sahib, within the district of Fatehgarh Sahib in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBMGOB |
| Branch | Mandigobindgarh |
| City | Fatehgarh Sahib |
| District | Fatehgarh Sahib |
| State | Punjab |
| Address | Irin And Steel Rolling Millsamloh Road Mandigobindgarh Fatehgarh Sahib Punjab 147301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Fatehgarh Sahib for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBMGOB for the Mandigobindgarh 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0DBMGOB is given to every bank branch, including Bank Of Baroda located in Mandigobindgarh, Fatehgarh Sahib, Punjab, 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 Fatehgarh Sahib.
- 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 Fatehgarh Sahib and Fatehgarh Sahib.
- 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Mandigobindgarh doesn't end up at another location.
Format of the IFSC Code BARB0DBMGOB
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 Mandigobindgarh in Fatehgarh Sahib.
For example, the IFSC Code BARB0DBMGOB of Bank Of Baroda for the Mandigobindgarh branch includes these elements, identifying the bank and the branch location in Fatehgarh Sahib and Punjab accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0DBMGOB of Bank Of Baroda for its Mandigobindgarh branch located in Fatehgarh Sahib, 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 Fatehgarh Sahib and Fatehgarh Sahib, 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 Mandigobindgarh or Fatehgarh Sahib to get the exact IFSC Code BARB0DBMGOB.
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 Fatehgarh Sahib, then it will provide you proper information.
How to Use IFSC Code BARB0DBMGOB for Online Transfers?
If you have the IFSC Code BARB0DBMGOB for the Mandigobindgarh branch of Bank Of Baroda in Fatehgarh Sahib, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0DBMGOB. 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 BARB0DBMGOB.
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 Mandigobindgarh in Fatehgarh Sahib, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Mandigobindgarh, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Fatehgarh Sahib manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DBMGOB.
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 Irin And Steel Rolling Millsamloh Road Mandigobindgarh Fatehgarh Sahib Punjab 147301 located in Fatehgarh Sahib, Fatehgarh Sahib, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.