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 Chembur,Mumbai branch in Mumbai Suburban, Mumbai Suburban, Maharashtra, 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 Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBCHEM. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Chembur,Mumbai, Mumbai Suburban

Here are the main details that are associated with the IFSC Code BARB0DBCHEM of Bank Of Baroda for its branch located in Mumbai Suburban, within the district of Mumbai Suburban in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBCHEM
Branch Chembur,Mumbai
City Mumbai Suburban
District Mumbai Suburban
State Maharashtra
Address Mani Bhavansiontrombay Roadchembur Mumbai Mumbai Suburban Maharashtra 400071

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Mumbai Suburban for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBCHEM for the Chembur,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 provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Chembur,Mumbai, Mumbai Suburban, Maharashtra, is provided with a unique IFSC like BARB0DBCHEM to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Mumbai Suburban.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Mumbai Suburban and Mumbai Suburban.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Chembur,Mumbai do not get mixed with another location.

Format of the IFSC Code BARB0DBCHEM

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 Chembur,Mumbai in Mumbai Suburban.

For example, the IFSC Code BARB0DBCHEM of Bank Of Baroda for the Chembur,Mumbai branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBCHEM of Bank Of Baroda for its Chembur,Mumbai branch located in Mumbai Suburban, 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 Mumbai Suburban and Mumbai Suburban, 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 Chembur,Mumbai or Mumbai Suburban to get the exact IFSC Code BARB0DBCHEM.

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 Mumbai Suburban, you'll get the correct details.

How to Use IFSC Code BARB0DBCHEM for Online Transfers?

Once you have the IFSC Code BARB0DBCHEM for the Chembur,Mumbai branch of Bank Of Baroda in Mumbai Suburban, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0DBCHEM. The transfer is completed in batches instead of instantly. It is useful for both 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 BARB0DBCHEM.

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 Chembur,Mumbai in Mumbai Suburban, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Chembur,Mumbai, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of Baroda website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Mumbai Suburban manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Chembur,Mumbai, Mumbai Suburban?

The IFSC Code is BARB0DBCHEM.

Is the IFSC Code BARB0DBCHEM 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 Chembur,Mumbai?

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 Chembur,Mumbai branch?

The address of the branch is Mani Bhavansiontrombay Roadchembur Mumbai Mumbai Suburban Maharashtra 400071 located in Mumbai Suburban, Mumbai Suburban, 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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