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 Semiliguda,Or branch in Koraput, Similiguda, 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 Koraput or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BARB0SUNABE. 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, Semiliguda,Or, Koraput

Here are some of the key details that come with the IFSC Code BARB0SUNABE of Bank Of Baroda for its branch located in Koraput, within the district of Similiguda in the state of Odisha.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0SUNABE
Branch Semiliguda,Or
City Koraput
District Similiguda
State Odisha
Address Semiliguda Mainroad Near Hotel Lemon Cas Dist Koraput Odisha 764036

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Koraput for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0SUNABE for the Semiliguda,Or 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 BARB0SUNABE is given to every bank branch, including Bank Of Baroda located in Semiliguda,Or, Koraput, Odisha, 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 Koraput.
  • 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 Koraput and Similiguda.
  • 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Semiliguda,Or doesn't end up at another location.

Format of the IFSC Code BARB0SUNABE

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 Semiliguda,Or in Koraput.

For example, the IFSC Code BARB0SUNABE of Bank Of Baroda for the Semiliguda,Or branch includes these elements, identifying the bank and the branch location in Koraput and Odisha accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0SUNABE of Bank Of Baroda for its Semiliguda,Or branch located in Koraput, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Semiliguda,Or or Koraput to find the exact IFSC Code BARB0SUNABE.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can 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. Searching for Bank Of Baroda and Koraput will provide accurate information.

How to Use IFSC Code BARB0SUNABE for Online Transfers?

Once you have the IFSC Code BARB0SUNABE for the Semiliguda,Or branch of Bank Of Baroda in Koraput, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0SUNABE. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of Baroda IFSC Code BARB0SUNABE.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Baroda Semiliguda,Or in Koraput, it can result in delayed or failed transactions.

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 Semiliguda,Or, 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 Koraput manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Semiliguda,Or, Koraput?

The IFSC Code is BARB0SUNABE.

Is the IFSC Code BARB0SUNABE 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 Semiliguda,Or?

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 Semiliguda,Or branch?

The address of the branch is Semiliguda Mainroad Near Hotel Lemon Cas Dist Koraput Odisha 764036 located in Koraput, Similiguda, Odisha.

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.