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 Regional Stressed Asset Recov branch in Indore, Indore, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0SARIND. 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, Regional Stressed Asset Recov, Indore

Here are the main details that are associated with the IFSC Code BARB0SARIND 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 BARB0SARIND
Branch Regional Stressed Asset Recov
City Indore
District Indore
State Madhya Pradesh
Address Indore

These details help 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 BARB0SARIND for the Regional Stressed Asset Recov 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, including Bank Of Baroda located in Regional Stressed Asset Recov, Indore, Madhya Pradesh, is provided with a unique IFSC like BARB0SARIND to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Indore.
  • 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 Indore and Indore.
  • 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Regional Stressed Asset Recov do not get mixed with another location.

Format of the IFSC Code BARB0SARIND

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 Regional Stressed Asset Recov in Indore.

For example, the IFSC Code BARB0SARIND of Bank Of Baroda for the Regional Stressed Asset Recov 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?

To find the IFSC Code BARB0SARIND of Bank Of Baroda for its Regional Stressed Asset Recov branch located in Indore, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for Regional Stressed Asset Recov or Indore to find the exact IFSC Code BARB0SARIND.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Indore will provide accurate information.

How to Use IFSC Code BARB0SARIND for Online Transfers?

Once you have the IFSC Code BARB0SARIND for the Regional Stressed Asset Recov 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 BARB0SARIND. 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 BARB0SARIND.

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 Regional Stressed Asset Recov 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 Regional Stressed Asset Recov, 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 in Regional Stressed Asset Recov, Indore?

The IFSC Code is BARB0SARIND.

Is the IFSC Code BARB0SARIND permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Regional Stressed Asset Recov?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Regional Stressed Asset Recov branch?

The address of the branch is Indore located in Indore, Indore, Madhya Pradesh.

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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