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 Khandwa Road branch in Indore, Indore, 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 Indore or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code BARB0KHAIND. 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, Khandwa Road, Indore

Here are the main details that are associated with the IFSC Code BARB0KHAIND of Bank Of Baroda for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0KHAIND
Branch Khandwa Road
City Indore
District Indore
State Madhya Pradesh
Address ┬Á7 Ranibagh Opposite New Digmber Public School Khandwa Road ┬Áindore Tehil Indore Dist Indore Mp 452017

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Indore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KHAIND for the Khandwa Road 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Khandwa Road, Indore, Madhya Pradesh, are allotted a unique IFSC like BARB0KHAIND to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Bank Of Baroda in Khandwa Road reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code BARB0KHAIND

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): 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 Khandwa Road in Indore.

For example, the IFSC Code BARB0KHAIND of Bank Of Baroda for the Khandwa Road branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0KHAIND of Bank Of Baroda for its Khandwa Road branch located in Indore, 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 Indore and Indore, 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 Khandwa Road or Indore to get the exact IFSC Code BARB0KHAIND.

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 Indore that will provide accurate information.

How to Use IFSC Code BARB0KHAIND for Online Transfers?

Once you have the IFSC Code BARB0KHAIND for the Khandwa Road branch of Bank Of Baroda in Indore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0KHAIND. 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 BARB0KHAIND.

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 Khandwa Road in Indore, 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 Khandwa Road, 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 Indore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Khandwa Road Indore?

The IFSC Code of the Khandwa Road Indore branch is BARB0KHAIND.

Is IFSC Code BARB0KHAIND 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 Khandwa Road branch?

The branch is located at ┬Á7 Ranibagh Opposite New Digmber Public School Khandwa Road ┬Áindore Tehil Indore Dist Indore Mp 452017.

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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