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IFSC Code of Bank Of Baroda, Shivaji Park Branch, Mumbai, Maharashtra — BARB0SHIBOM

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 Shivaji Park Branch branch in Mumbai, Mumbai, Maharashtra, 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 Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BARB0SHIBOM. 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, Shivaji Park Branch, Mumbai

The table below shows the main details of the IFSC Code BARB0SHIBOM for the Bank Of Baroda branch in Mumbai, which falls under the Mumbai district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0SHIBOM
Branch Shivaji Park Branch
City Mumbai
District Mumbai
State Maharashtra
Address Shivaji Park Branch,Sweet Home, L.J.Road, Mahim,Mumbai,400016

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0SHIBOM for the Shivaji Park Branch branch of Bank Of Baroda is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Shivaji Park Branch, Mumbai, Maharashtra, is provided a unique IFSC like BARB0SHIBOM so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Mumbai.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Shivaji Park Branch do not get misguided to another person.

Format of the IFSC Code BARB0SHIBOM

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 Shivaji Park Branch in Mumbai.

For example, the IFSC Code BARB0SHIBOM of Bank Of Baroda for the Shivaji Park Branch branch includes 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 looking for the IFSC Code BARB0SHIBOM of Bank Of Baroda for its Shivaji Park Branch branch located in Mumbai, 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 Mumbai and Mumbai, 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 Shivaji Park Branch or Mumbai to get the exact IFSC Code BARB0SHIBOM.

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 Mumbai, then it will provide you proper information.

How to Use IFSC Code BARB0SHIBOM for Online Transfers?

Once you have the IFSC Code BARB0SHIBOM for the Shivaji Park Branch branch of Bank Of Baroda in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0SHIBOM. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BARB0SHIBOM.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Baroda Shivaji Park Branch in Mumbai, your payment can get delayed or might not go through at all.

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 Shivaji Park Branch, 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 Mumbai 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 Shivaji Park Branch, Mumbai?

The IFSC Code is BARB0SHIBOM.

Is the IFSC Code BARB0SHIBOM 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 Shivaji Park Branch?

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 Shivaji Park Branch branch?

The address of the branch is Shivaji Park Branch,Sweet Home, L.J.Road, Mahim,Mumbai,400016 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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