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IFSC Code of Bank Of Baroda, Bhat Bazar,Mumbai, Mumbai, Maharashtra — BARB0DBBBAZ

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Baroda for its Bhat Bazar,Mumbai branch in Mumbai, Mumbai, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of Baroda located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBBBAZ. You should definitely 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, Bhat Bazar,Mumbai, Mumbai

The table below shows the main details of the IFSC Code BARB0DBBBAZ for the Bank Of Baroda branch in Mumbai, which falls under the Mumbai district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBBBAZ
Branch Bhat Bazar,Mumbai
City Mumbai
District Mumbai
State Maharashtra
Address 240242 Lalji Ramji Buildingnarsi Natha Streetbhatbazar Mumbai Mumbai Maharashtra 400009

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBBBAZ for the Bhat Bazar,Mumbai 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 BARB0DBBBAZ is given to every bank branch, including Bank Of Baroda located in Bhat Bazar,Mumbai, Mumbai, Maharashtra, 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 Mumbai.
  • 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 Mumbai and Mumbai.
  • 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Bhat Bazar,Mumbai doesn't end up at another location.

Format of the IFSC Code BARB0DBBBAZ

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): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Bhat Bazar,Mumbai in Mumbai.

For example, the IFSC Code BARB0DBBBAZ of Bank Of Baroda for the Bhat Bazar,Mumbai branch has these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBBBAZ of Bank Of Baroda for its Bhat Bazar,Mumbai branch located in Mumbai, 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 Mumbai and Mumbai, 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 Bhat Bazar,Mumbai or Mumbai to get the exact IFSC Code BARB0DBBBAZ.

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 Mumbai that will provide accurate information.

How to Use IFSC Code BARB0DBBBAZ for Online Transfers?

Once you have the IFSC Code BARB0DBBBAZ for the Bhat Bazar,Mumbai branch of Bank Of Baroda in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBBBAZ. 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 BARB0DBBBAZ.

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 Bhat Bazar,Mumbai in Mumbai, 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 Bhat Bazar,Mumbai, 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 Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Bhat Bazar,Mumbai, Mumbai?

The IFSC Code is BARB0DBBBAZ.

Is the IFSC Code BARB0DBBBAZ 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 Bhat Bazar,Mumbai?

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 Bhat Bazar,Mumbai branch?

The address of the branch is 240242 Lalji Ramji Buildingnarsi Natha Streetbhatbazar Mumbai Mumbai Maharashtra 400009 located in Mumbai, Mumbai, Maharashtra.

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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