The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its Matar, Dist Kheda branch in Kheda, Matar, Gujarat, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Baroda located in Kheda or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BARB0MATARX. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Matar, Dist Kheda, Kheda

Here are some of the key details that come with the IFSC Code BARB0MATARX of Bank Of Baroda for its branch located in Kheda, within the district of Matar in the state of Gujarat.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0MATARX
Branch Matar, Dist Kheda
City Kheda
District Matar
State Gujarat
Address Bazar, Matar, Dist.Kheda, Gujarat -387530

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Kheda for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MATARX for the Matar, Dist Kheda 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Matar, Dist Kheda, Kheda, Gujarat, is provided a unique IFSC like BARB0MATARX so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Kheda.
  • 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 Kheda and Matar.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Matar, Dist Kheda do not get misguided to another person.

Format of the IFSC Code BARB0MATARX

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 Matar, Dist Kheda in Kheda.

For example, the IFSC Code BARB0MATARX of Bank Of Baroda for the Matar, Dist Kheda branch includes these elements, identifying the bank and the branch location in Kheda and Gujarat accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are looking for the IFSC Code BARB0MATARX of Bank Of Baroda for its Matar, Dist Kheda branch located in Kheda, 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 Kheda and Matar, 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 Matar, Dist Kheda or Kheda to get the exact IFSC Code BARB0MATARX.

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 Kheda, then it will provide you proper information.

How to Use IFSC Code BARB0MATARX for Online Transfers?

Once you have the IFSC Code BARB0MATARX for the Matar, Dist Kheda branch of Bank Of Baroda in Kheda, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0MATARX. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0MATARX.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda Matar, Dist Kheda in Kheda may result in delayed or failed transactions.

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 Matar, Dist Kheda, 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 Kheda to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Matar, Dist Kheda Kheda?

The IFSC Code of the Matar, Dist Kheda Kheda branch is BARB0MATARX.

Is IFSC Code BARB0MATARX 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 Matar, Dist Kheda branch?

The branch is located at Bazar, Matar, Dist.Kheda, Gujarat -387530.

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.