IFSC Code of Bank Of Baroda, Lalbaug, Mumbai, Maharashtra- BARB0LALBAU

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 Lalbaug branch in Greater Bombay, Mumbai, or Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0LALBAU. 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, Lalbaug, Greater Bombay

Here are the main details that are associated with the IFSC Code BARB0LALBAU of Bank Of Baroda for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0LALBAU for the Lalbaug 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Lalbaug, Greater Bombay, Maharashtra, are allotted a unique IFSC like BARB0LALBAU to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Greater Bombay.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of Baroda in Lalbaug reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BARB0LALBAU

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): 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 Lalbaug in Greater Bombay.

For example, the IFSC Code BARB0LALBAU of Bank Of Baroda for the Lalbaug branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0LALBAU of Bank Of Baroda for its Lalbaug branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Lalbaug or Greater Bombay to get the exact IFSC Code BARB0LALBAU.

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 Greater Bombay, you'll get the correct details.

How to Use IFSC Code BARB0LALBAU for Online Transfers?

Once you have the IFSC Code BARB0LALBAU for the Lalbaug branch of Bank Of Baroda in Greater Bombay, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0LALBAU. 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 BARB0LALBAU.

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 Lalbaug in Greater Bombay 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 Lalbaug, 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 Greater Bombay to handle online money transfers and get their cheques cleared smoothly.