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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Baroda for its Nirakarpur, Orissa branch in Khurda, Khurda, or Odisha, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of Baroda located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BARB0NIRAKA. 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, Nirakarpur, Orissa, Khurda
Here are the main details that are associated with the IFSC Code BARB0NIRAKA of Bank Of Baroda for its branch located in Khurda, within the district of Khurda in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0NIRAKA |
| Branch | Nirakarpur, Orissa |
| City | Khurda |
| District | Khurda |
| State | Odisha |
| Address | Po.Nirakapur, Dist.Khurda,Orissa - 752 019. |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Khurda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0NIRAKA for the Nirakarpur, Orissa 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Nirakarpur, Orissa, Khurda, Odisha, is provided a unique IFSC like BARB0NIRAKA so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Khurda.
- 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 Khurda and Khurda.
- 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Nirakarpur, Orissa do not get misguided to another person.
Format of the IFSC Code BARB0NIRAKA
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 Nirakarpur, Orissa in Khurda.
For example, the IFSC Code BARB0NIRAKA of Bank Of Baroda for the Nirakarpur, Orissa branch has these elements, identifying the bank and the branch location in Khurda and Odisha correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0NIRAKA of Bank Of Baroda for its Nirakarpur, Orissa branch located in Khurda, 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 Khurda and Khurda, 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 Nirakarpur, Orissa or Khurda to get the exact IFSC Code BARB0NIRAKA.
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 Khurda, then it will provide you proper information.
How to Use IFSC Code BARB0NIRAKA for Online Transfers?
Once you have the IFSC Code BARB0NIRAKA for the Nirakarpur, Orissa branch of Bank Of Baroda in Khurda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0NIRAKA. 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 BARB0NIRAKA.
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 Nirakarpur, Orissa in Khurda, 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 Nirakarpur, Orissa, 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 Khurda to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0NIRAKA.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Po.Nirakapur, Dist.Khurda,Orissa - 752 019. located in Khurda, Khurda, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.