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 Mahavir Nagar Br., Mumbai branch in Greater Mumbai, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0MAHAVI. 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, Mahavir Nagar Br., Mumbai, Greater Mumbai
Here are the main details that are associated with the IFSC Code BARB0MAHAVI 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 | BARB0MAHAVI |
| Branch | Mahavir Nagar Br., Mumbai |
| City | Greater Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Dani Sanjay Bldg, Datta Mandir Road, Dahanukarwadi, Mahavirnagar, Kandivali (West), Mumbai - 400067 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Greater Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0MAHAVI for the Mahavir Nagar Br., Mumbai branch of Bank Of Baroda is vital.
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 Mahavir Nagar Br., Mumbai, Greater Mumbai, Maharashtra, is provided with a unique IFSC like BARB0MAHAVI 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 Mahavir Nagar Br., Mumbai do not get mixed with another location.
Format of the IFSC Code BARB0MAHAVI
The format of the IFSC Code for banks, including Bank Of Baroda, has 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 Mahavir Nagar Br., Mumbai in Greater Mumbai.
For example, the IFSC Code BARB0MAHAVI of Bank Of Baroda for the Mahavir Nagar Br., Mumbai branch includes 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 looking for the IFSC Code BARB0MAHAVI of Bank Of Baroda for its Mahavir Nagar Br., Mumbai branch located in Greater Mumbai, 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 Mumbai 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 Mahavir Nagar Br., Mumbai or Greater Mumbai to get the exact IFSC Code BARB0MAHAVI.
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 Mumbai, then it will provide you proper information.
How to Use IFSC Code BARB0MAHAVI for Online Transfers?
If you have the IFSC Code BARB0MAHAVI for the Mahavir Nagar Br., Mumbai 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 BARB0MAHAVI. 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 BARB0MAHAVI.
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 Mahavir Nagar Br., Mumbai in Greater Mumbai, 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 Mahavir Nagar Br., 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)
The IFSC Code is BARB0MAHAVI.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dani Sanjay Bldg, Datta Mandir Road, Dahanukarwadi, Mahavirnagar, Kandivali (West), Mumbai - 400067 located in Greater Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.