For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Madurai branch in Madurai, Madurai, Tamil Nadu, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Madurai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BARB0VJMADU. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Madurai, Madurai

The table below shows the main details of the IFSC Code BARB0VJMADU for the Bank Of Baroda branch in Madurai, which falls under the Madurai district in Tamil Nadu.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0VJMADU
Branch Madurai
City Madurai
District Madurai
State Tamil Nadu
Address T S P Towers 1St Floor 326 Westmasi Street Madurai 625001

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Madurai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0VJMADU for the Madurai 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0VJMADU is given to every bank branch, including Bank Of Baroda located in Madurai, Madurai, Tamil Nadu, 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 Madurai.
  • 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 Madurai and Madurai.
  • 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Madurai doesn't end up at another location.

Format of the IFSC Code BARB0VJMADU

The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Madurai in Madurai.

For example, the IFSC Code BARB0VJMADU of Bank Of Baroda for the Madurai branch includes these elements, identifying the bank and the branch location in Madurai and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are looking for the IFSC Code BARB0VJMADU of Bank Of Baroda for its Madurai branch located in Madurai, 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 Madurai and Madurai, 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 Madurai or Madurai to get the exact IFSC Code BARB0VJMADU.

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 Madurai, then it will provide you proper information.

How to Use IFSC Code BARB0VJMADU for Online Transfers?

If you have the IFSC Code BARB0VJMADU for the Madurai branch of Bank Of Baroda in Madurai, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0VJMADU. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Baroda IFSC Code BARB0VJMADU.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Baroda Madurai in Madurai, it 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 Madurai, 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 Madurai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Madurai, Madurai?

The IFSC Code is BARB0VJMADU.

Is the IFSC Code BARB0VJMADU permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Madurai?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Madurai branch?

The address of the branch is T S P Towers 1St Floor 326 Westmasi Street Madurai 625001 located in Madurai, Madurai, Tamil Nadu.

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.

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