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 Peddur Karimnagar branch in Mahbubnagar, Pedduru, Telangana, 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 Mahbubnagar or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code BARB0VJPEED. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Peddur Karimnagar, Mahbubnagar

Here are the key points that are associated with the IFSC Code BARB0VJPEED of Bank Of Baroda for its branch located in Mahbubnagar, within the district of Pedduru in the state of Telangana.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0VJPEED
Branch Peddur Karimnagar
City Mahbubnagar
District Pedduru
State Telangana
Address Door No288,Peddur Village , Post, Telkapally Mandal , Mehaboobnagar , Peddur , 509385

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Mahbubnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0VJPEED for the Peddur Karimnagar 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0VJPEED is given to every bank branch, including Bank Of Baroda located in Peddur Karimnagar, Mahbubnagar, Telangana, 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 Mahbubnagar.
  • 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 Mahbubnagar and Pedduru.
  • 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Peddur Karimnagar doesn't end up at another location.

Format of the IFSC Code BARB0VJPEED

The format of the IFSC Code for banks, including Bank Of Baroda, has 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 Peddur Karimnagar in Mahbubnagar.

For example, the IFSC Code BARB0VJPEED of Bank Of Baroda for the Peddur Karimnagar branch includes these elements, identifying the bank and the branch location in Mahbubnagar and Telangana correctly.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0VJPEED of Bank Of Baroda for its Peddur Karimnagar branch located in Mahbubnagar, 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 Mahbubnagar and Pedduru, 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 Peddur Karimnagar or Mahbubnagar to find the exact IFSC Code BARB0VJPEED.

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 Mahbubnagar will provide accurate information.

How to Use IFSC Code BARB0VJPEED for Online Transfers?

Once you have the IFSC Code BARB0VJPEED for the Peddur Karimnagar branch of Bank Of Baroda in Mahbubnagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0VJPEED. 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 BARB0VJPEED.

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 Peddur Karimnagar in Mahbubnagar 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 Peddur Karimnagar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Mahbubnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Peddur Karimnagar, Mahbubnagar?

The IFSC Code is BARB0VJPEED.

Is the IFSC Code BARB0VJPEED 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 Peddur Karimnagar?

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 Peddur Karimnagar branch?

The address of the branch is Door No288,Peddur Village , Post, Telkapally Mandal , Mehaboobnagar , Peddur , 509385 located in Mahbubnagar, Pedduru, Telangana.

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.