The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its Lokhandwala Complex, Mumbai branch in Greater Mumbai, Mumbai, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Baroda located in Greater Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0LOKHAN. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Lokhandwala Complex, Mumbai, Greater Mumbai

Here are the key points that are associated with the IFSC Code BARB0LOKHAN 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 BARB0LOKHAN
Branch Lokhandwala Complex, Mumbai
City Greater Mumbai
District Mumbai
State Maharashtra
Address Royal Accord Iv, 120 Feet Road, Lokhandwala Complex, Andheri (West), Mumbai, Maharashtra - 400 053.

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 BARB0LOKHAN for the Lokhandwala Complex, Mumbai 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0LOKHAN is given to every bank branch, including Bank Of Baroda located in Lokhandwala Complex, Mumbai, Greater Mumbai, Maharashtra, 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 Greater Mumbai.
  • 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 Greater Mumbai and Mumbai.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Lokhandwala Complex, Mumbai doesn't end up at another location.

Format of the IFSC Code BARB0LOKHAN

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): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lokhandwala Complex, Mumbai in Greater Mumbai.

For example, the IFSC Code BARB0LOKHAN of Bank Of Baroda for the Lokhandwala Complex, Mumbai branch has these elements, identifying the bank and the branch location in Greater Mumbai and Maharashtra correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0LOKHAN of Bank Of Baroda for its Lokhandwala Complex, Mumbai 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

Most banks, including Bank Of Baroda branches in Greater Mumbai 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 Lokhandwala Complex, Mumbai or Greater Mumbai to get the exact IFSC Code BARB0LOKHAN.

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 BARB0LOKHAN for Online Transfers?

Once you have the IFSC Code BARB0LOKHAN for the Lokhandwala Complex, Mumbai branch of Bank Of Baroda in Greater Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0LOKHAN. 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 BARB0LOKHAN.

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 Lokhandwala Complex, Mumbai in Greater Mumbai, your payment can get delayed or might not go through at all.

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 Lokhandwala Complex, Mumbai, 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 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 Lokhandwala Complex, Mumbai Greater Mumbai?

The IFSC Code of the Lokhandwala Complex, Mumbai Greater Mumbai branch is BARB0LOKHAN.

Is IFSC Code BARB0LOKHAN 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 Lokhandwala Complex, Mumbai branch?

The branch is located at Royal Accord Iv, 120 Feet Road, Lokhandwala Complex, Andheri (West), Mumbai, Maharashtra - 400 053..

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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