For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Raver branch in Jalgaon, Jalgaon, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBRAVE. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Raver, Jalgaon

The table below shows the main details of the IFSC Code BARB0DBRAVE for the Bank Of Baroda branch in Jalgaon, which falls under the Jalgaon district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBRAVE
Branch Raver
City Jalgaon
District Jalgaon
State Maharashtra
Address Naik Complex Bhuranpur Roaddist Jalgaon Raver Jalgaon Maharashtra 425508

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Jalgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBRAVE for the Raver branch of Bank Of Baroda is vital.

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 BARB0DBRAVE is given to every bank branch, including Bank Of Baroda located in Raver, Jalgaon, Maharashtra, 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 Jalgaon.
  • 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 Jalgaon and Jalgaon.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Raver doesn't end up at another location.

Format of the IFSC Code BARB0DBRAVE

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): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Raver in Jalgaon.

For example, the IFSC Code BARB0DBRAVE of Bank Of Baroda for the Raver branch has these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are looking for the IFSC Code BARB0DBRAVE of Bank Of Baroda for its Raver branch located in Jalgaon, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Raver or Jalgaon to get the exact IFSC Code BARB0DBRAVE.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Jalgaon, then it will provide you proper information.

How to Use IFSC Code BARB0DBRAVE for Online Transfers?

If you have the IFSC Code BARB0DBRAVE for the Raver branch of Bank Of Baroda in Jalgaon, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBRAVE. 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 BARB0DBRAVE.

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 Raver in Jalgaon, it may result in delayed or failed transactions.

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 Raver, 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 Jalgaon manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Raver, Jalgaon?

The IFSC Code is BARB0DBRAVE.

Is the IFSC Code BARB0DBRAVE 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 Raver?

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 Raver branch?

The address of the branch is Naik Complex Bhuranpur Roaddist Jalgaon Raver Jalgaon Maharashtra 425508 located in Jalgaon, Jalgaon, Maharashtra.

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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