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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Residency Road Gwalior branch in Gwalior, Gwalior, Madhya Pradesh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of Baroda located in Gwalior or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0DBGWAL. 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, Residency Road Gwalior, Gwalior

Below in the table are the key details related to IFSC Code BARB0DBGWAL of Bank Of Baroda for its branch located in Gwalior, within the district of Gwalior in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBGWAL
Branch Residency Road Gwalior
City Gwalior
District Gwalior
State Madhya Pradesh
Address Plot No2 Morar Enclaveresidency Road(Civillines)Gola Ka Mandirgwalior Gwalior Gwalior Madhya Pradesh 474005

These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Gwalior for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBGWAL for the Residency Road Gwalior branch of Bank Of Baroda has a very 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, along with Bank Of Baroda located in Residency Road Gwalior, Gwalior, Madhya Pradesh, are given a unique IFSC like BARB0DBGWAL to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Bank Of Baroda in Residency Road Gwalior goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0DBGWAL

The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Residency Road Gwalior in Gwalior.

For example, the IFSC Code BARB0DBGWAL of Bank Of Baroda for the Residency Road Gwalior branch includes these elements, identifying the bank and the branch location in Gwalior and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBGWAL of Bank Of Baroda for its Residency Road Gwalior branch located in Gwalior, 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 Gwalior and Gwalior, 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 Residency Road Gwalior or Gwalior to get the exact IFSC Code BARB0DBGWAL.

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 Gwalior, you'll get the correct details.

How to Use IFSC Code BARB0DBGWAL for Online Transfers?

Once you have the IFSC Code BARB0DBGWAL for the Residency Road Gwalior branch of Bank Of Baroda in Gwalior, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0DBGWAL. The transfer is completed in batches instead of instantly. It is useful for both 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 BARB0DBGWAL.

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 Residency Road Gwalior in Gwalior, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Residency Road Gwalior, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Gwalior manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Residency Road Gwalior Gwalior?

The IFSC Code of the Residency Road Gwalior Gwalior branch is BARB0DBGWAL.

Is IFSC Code BARB0DBGWAL 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 Residency Road Gwalior branch?

The branch is located at Plot No2 Morar Enclaveresidency Road(Civillines)Gola Ka Mandirgwalior Gwalior Gwalior Madhya Pradesh 474005.

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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