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 Minara Masjid, Mumbai branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0MCMINA. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Minara Masjid, Mumbai, Greater Bombay
Here are some of the key details that come with the IFSC Code BARB0MCMINA of Bank Of Baroda for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0MCMINA |
| Branch | Minara Masjid, Mumbai |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | 38, Mohammedali Road, Near Al-Haj Zakaria, Aghadi Chowk,Mumbai |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MCMINA for the Minara Masjid, Mumbai 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Minara Masjid, Mumbai, Greater Bombay, Maharashtra, is provided with a unique IFSC like BARB0MCMINA to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Minara Masjid, Mumbai do not get mixed with another location.
Format of the IFSC Code BARB0MCMINA
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 Minara Masjid, Mumbai in Greater Bombay.
For example, the IFSC Code BARB0MCMINA of Bank Of Baroda for the Minara Masjid, Mumbai 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 looking for the IFSC Code BARB0MCMINA of Bank Of Baroda for its Minara Masjid, Mumbai branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Minara Masjid, Mumbai or Greater Bombay to get the exact IFSC Code BARB0MCMINA.
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 Greater Bombay, then it will provide you proper information.
How to Use IFSC Code BARB0MCMINA for Online Transfers?
Once you have the IFSC Code BARB0MCMINA for the Minara Masjid, Mumbai branch of Bank Of Baroda in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0MCMINA. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BARB0MCMINA.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Baroda Minara Masjid, Mumbai in Greater Bombay, your payment can get delayed or might not go through at all.
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 Minara Masjid, Mumbai, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Minara Masjid, Mumbai Greater Bombay branch is BARB0MCMINA.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at 38, Mohammedali Road, Near Al-Haj Zakaria, Aghadi Chowk,Mumbai.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.