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IFSC Code of Bank Of Baroda, Hoshangabad Road, Bhopal, Hoshangabad, Madhya Pradesh — BARB0HOSHRD

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 Hoshangabad Road, Bhopal branch in Hoshangabad, Hoshangabad, Madhya Pradesh, 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 Hoshangabad or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BARB0HOSHRD. 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, Hoshangabad Road, Bhopal, Hoshangabad

Here are the key points that are associated with the IFSC Code BARB0HOSHRD of Bank Of Baroda for its branch located in Hoshangabad, within the district of Hoshangabad in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0HOSHRD
Branch Hoshangabad Road, Bhopal
City Hoshangabad
District Hoshangabad
State Madhya Pradesh
Address Bank Of Baroda,B ┬Û 136, Vidhya Nagar,Hoshangabad,Bhopal,Madhya Pradesh ┬Û 462 024

These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Hoshangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0HOSHRD for the Hoshangabad Road, Bhopal 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Hoshangabad Road, Bhopal, Hoshangabad, Madhya Pradesh, is provided a unique IFSC like BARB0HOSHRD so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Hoshangabad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Hoshangabad and Hoshangabad.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Hoshangabad Road, Bhopal do not get misguided to another person.

Format of the IFSC Code BARB0HOSHRD

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 Hoshangabad Road, Bhopal in Hoshangabad.

For example, the IFSC Code BARB0HOSHRD of Bank Of Baroda for the Hoshangabad Road, Bhopal branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0HOSHRD of Bank Of Baroda for its Hoshangabad Road, Bhopal branch located in Hoshangabad, 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 Hoshangabad and Hoshangabad, 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 Hoshangabad Road, Bhopal or Hoshangabad to get the exact IFSC Code BARB0HOSHRD.

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 Hoshangabad that will provide accurate information.

How to Use IFSC Code BARB0HOSHRD for Online Transfers?

Once you have the IFSC Code BARB0HOSHRD for the Hoshangabad Road, Bhopal branch of Bank Of Baroda in Hoshangabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0HOSHRD. 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 BARB0HOSHRD.

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

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 Hoshangabad Road, Bhopal, 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 Hoshangabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Hoshangabad Road, Bhopal Hoshangabad?

The IFSC Code of the Hoshangabad Road, Bhopal Hoshangabad branch is BARB0HOSHRD.

Is IFSC Code BARB0HOSHRD 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 Hoshangabad Road, Bhopal branch?

The branch is located at Bank Of Baroda,B ┬Û 136, Vidhya Nagar,Hoshangabad,Bhopal,Madhya Pradesh ┬Û 462 024.

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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