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 Gayalamunda, Orissa branch in Keonjhar, Gayalmunda, Odisha, 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 Keonjhar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BARB0GAYALM. 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, Gayalamunda, Orissa, Keonjhar
Here are some of the key details that come with the IFSC Code BARB0GAYALM of Bank Of Baroda for its branch located in Keonjhar, within the district of Gayalmunda in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0GAYALM |
| Branch | Gayalamunda, Orissa |
| City | Keonjhar |
| District | Gayalmunda |
| State | Odisha |
| Address | Po - Gayalmunda, Via - Anandpur, Dist. Keonjhar, Orissa - 758021 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Keonjhar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0GAYALM for the Gayalamunda, Orissa branch of Bank Of Baroda plays an 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 Gayalamunda, Orissa, Keonjhar, Odisha, is provided with a unique IFSC like BARB0GAYALM to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Keonjhar.
- 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 Keonjhar and Gayalmunda.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Gayalamunda, Orissa do not get mixed with another location.
Format of the IFSC Code BARB0GAYALM
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 Gayalamunda, Orissa in Keonjhar.
For example, the IFSC Code BARB0GAYALM of Bank Of Baroda for the Gayalamunda, Orissa branch includes these elements, identifying the bank and the branch location in Keonjhar and Odisha accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0GAYALM of Bank Of Baroda for its Gayalamunda, Orissa branch located in Keonjhar, 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 Keonjhar and Gayalmunda, 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 Gayalamunda, Orissa or Keonjhar to get the exact IFSC Code BARB0GAYALM.
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 Keonjhar that will provide accurate information.
How to Use IFSC Code BARB0GAYALM for Online Transfers?
Once you have the IFSC Code BARB0GAYALM for the Gayalamunda, Orissa branch of Bank Of Baroda in Keonjhar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0GAYALM. 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 BARB0GAYALM.
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 Gayalamunda, Orissa in Keonjhar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Gayalamunda, Orissa, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Keonjhar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0GAYALM.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Po - Gayalmunda, Via - Anandpur, Dist. Keonjhar, Orissa - 758021 located in Keonjhar, Gayalmunda, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.