There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Goregaon Est Branch branch in Greater Mumbai, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Greater Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BARB0GOREAS. You should 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, Goregaon Est Branch, Greater Mumbai

Here are some of the key details that come with the IFSC Code BARB0GOREAS of Bank Of Baroda for its branch located in Greater Mumbai, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0GOREAS
Branch Goregaon Est Branch
City Greater Mumbai
District Mumbai
State Maharashtra
Address Goregaon Est Branch,Shiv Shakti,48,Jaiprakash Nagar,Goregaon(E),Mumbai,400062

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Greater Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0GOREAS for the Goregaon Est Branch 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, including Bank Of Baroda located in Goregaon Est Branch, Greater Mumbai, Maharashtra, is provided with a unique IFSC like BARB0GOREAS 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 Mumbai.
  • 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 Mumbai 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 Goregaon Est Branch do not get mixed with another location.

Format of the IFSC Code BARB0GOREAS

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 Goregaon Est Branch in Greater Mumbai.

For example, the IFSC Code BARB0GOREAS of Bank Of Baroda for the Goregaon Est Branch branch includes these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0GOREAS of Bank Of Baroda for its Goregaon Est Branch branch located in Greater Mumbai, 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of Baroda branches in Greater Mumbai and Mumbai, print them 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 Goregaon Est Branch or Greater Mumbai to get the exact IFSC Code BARB0GOREAS.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code BARB0GOREAS for Online Transfers?

If you have the IFSC Code BARB0GOREAS for the Goregaon Est Branch branch of Bank Of Baroda in Greater Mumbai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0GOREAS. 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 BARB0GOREAS.

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 Goregaon Est Branch in Greater Mumbai, 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 Goregaon Est Branch, 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 Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Goregaon Est Branch Greater Mumbai?

The IFSC Code of the Goregaon Est Branch Greater Mumbai branch is BARB0GOREAS.

Is IFSC Code BARB0GOREAS 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 Goregaon Est Branch branch?

The branch is located at Goregaon Est Branch,Shiv Shakti,48,Jaiprakash Nagar,Goregaon(E),Mumbai,400062.

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.

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