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 Sheegehalli branch in Kolar, Kolar, Karnataka, 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 Kolar or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code BARB0DBSHEE. 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, Sheegehalli, Kolar
The table below shows the main details of the IFSC Code BARB0DBSHEE for the Bank Of Baroda branch in Kolar, which falls under the Kolar district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBSHEE |
| Branch | Sheegehalli |
| City | Kolar |
| District | Kolar |
| State | Karnataka |
| Address | House No Ktr Svp 77 Sheegehalli Vyaldur Post Kolar Dist Srinivaspur Tumkur Karnataka 563138 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Kolar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBSHEE for the Sheegehalli branch of Bank Of Baroda has 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 Sheegehalli, Kolar, Karnataka, is provided a unique IFSC like BARB0DBSHEE so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Kolar.
- 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 Kolar and Kolar.
- 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Sheegehalli do not get misguided to another person.
Format of the IFSC Code BARB0DBSHEE
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 Sheegehalli in Kolar.
For example, the IFSC Code BARB0DBSHEE of Bank Of Baroda for the Sheegehalli branch includes these elements, identifying the bank and the branch location in Kolar and Karnataka accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0DBSHEE of Bank Of Baroda for its Sheegehalli branch located in Kolar, 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 Kolar and Kolar, 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 Sheegehalli or Kolar to get the exact IFSC Code BARB0DBSHEE.
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 Kolar that will provide accurate information.
How to Use IFSC Code BARB0DBSHEE for Online Transfers?
Once you have the IFSC Code BARB0DBSHEE for the Sheegehalli branch of Bank Of Baroda in Kolar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0DBSHEE. 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 BARB0DBSHEE.
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 Sheegehalli in Kolar 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 Sheegehalli, 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 Kolar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DBSHEE.
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 House No Ktr Svp 77 Sheegehalli Vyaldur Post Kolar Dist Srinivaspur Tumkur Karnataka 563138 located in Kolar, Kolar, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.