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 Barai branch in Hazaribag, Hazaribagh, or Jharkhand, 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 Hazaribag or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BARB0BARHAZ. 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, Barai, Hazaribag

Here are the main details that are associated with the IFSC Code BARB0BARHAZ of Bank Of Baroda for its branch located in Hazaribag, within the district of Hazaribagh in the state of Jharkhand.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0BARHAZ
Branch Barai
City Hazaribag
District Hazaribagh
State Jharkhand
Address Barai Po Barai Ps Bishnugarh Dist Hazaribagh Barai Jharkhand 825312

These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Hazaribag for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BARHAZ for the Barai 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0BARHAZ is given to every bank branch, including Bank Of Baroda located in Barai, Hazaribag, Jharkhand, 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 Hazaribag.
  • 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 Hazaribag and Hazaribagh.
  • 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Barai doesn't end up at another location.

Format of the IFSC Code BARB0BARHAZ

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 Barai in Hazaribag.

For example, the IFSC Code BARB0BARHAZ of Bank Of Baroda for the Barai branch includes these elements, identifying the bank and the branch location in Hazaribag and Jharkhand accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0BARHAZ of Bank Of Baroda for its Barai branch located in Hazaribag, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Baroda include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Baroda branches in Hazaribag and Hazaribagh, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Baroda and find the branch locator section. Search for Barai or Hazaribag to get the exact IFSC Code BARB0BARHAZ.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Bank Of Baroda and Hazaribag that will provide accurate information.

How to Use IFSC Code BARB0BARHAZ for Online Transfers?

If you have the IFSC Code BARB0BARHAZ for the Barai branch of Bank Of Baroda in Hazaribag, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0BARHAZ. 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 BARB0BARHAZ.

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 Barai in Hazaribag, 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 Barai, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Hazaribag to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Barai Hazaribag?

The IFSC Code of the Barai Hazaribag branch is BARB0BARHAZ.

Is IFSC Code BARB0BARHAZ 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 Barai branch?

The branch is located at Barai Po Barai Ps Bishnugarh Dist Hazaribagh Barai Jharkhand 825312.

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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