IFSC Code of Bank Of Baroda, Mata Rani Chowk,Ludhiana, Ludhiana, Punjab- BARB0DBMATA

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 Mata Rani Chowk,Ludhiana branch in Ludhiana, Ludhiana, Punjab, 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 Ludhiana or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code BARB0DBMATA. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Mata Rani Chowk,Ludhiana, Ludhiana

The table below shows the main details of the IFSC Code BARB0DBMATA for the Bank Of Baroda branch in Ludhiana, which falls under the Ludhiana district in Punjab.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Ludhiana for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBMATA for the Mata Rani Chowk,Ludhiana 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0DBMATA is given to every bank branch, including Bank Of Baroda located in Mata Rani Chowk,Ludhiana, Ludhiana, Punjab, 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 Ludhiana.
• 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 Ludhiana and Ludhiana.
• 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Mata Rani Chowk,Ludhiana doesn't end up at another location.

Format of the IFSC Code BARB0DBMATA

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 Mata Rani Chowk,Ludhiana in Ludhiana.

For example, the IFSC Code BARB0DBMATA of Bank Of Baroda for the Mata Rani Chowk,Ludhiana branch includes these elements, identifying the bank and the branch location in Ludhiana and Punjab accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBMATA of Bank Of Baroda for its Mata Rani Chowk,Ludhiana branch located in Ludhiana, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Mata Rani Chowk,Ludhiana or Ludhiana to get the exact IFSC Code BARB0DBMATA.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and Ludhiana, you'll get the correct details.

How to Use IFSC Code BARB0DBMATA for Online Transfers?

Once you have the IFSC Code BARB0DBMATA for the Mata Rani Chowk,Ludhiana branch of Bank Of Baroda in Ludhiana, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBMATA. 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 BARB0DBMATA.

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 Mata Rani Chowk,Ludhiana in Ludhiana, it can 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 Mata Rani Chowk,Ludhiana, 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 Ludhiana to handle online money transfers and get their cheques cleared smoothly.