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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Chunabhatti branch in Mumbai Suburban, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Bank Of Baroda located in Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0VJCHUN. 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, Chunabhatti, Mumbai Suburban
Here are some of the key details that come with the IFSC Code BARB0VJCHUN of Bank Of Baroda for its branch located in Mumbai Suburban, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0VJCHUN |
| Branch | Chunabhatti |
| City | Mumbai Suburban |
| District | Mumbai |
| State | Maharashtra |
| Address | Buntara Bavana , Bhandary Estate , Chunnabhatti , Mumbai , 400070 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Mumbai Suburban for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0VJCHUN for the Chunabhatti 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Chunabhatti, Mumbai Suburban, Maharashtra, are given a unique IFSC like BARB0VJCHUN to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai Suburban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mumbai Suburban and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Bank Of Baroda in Chunabhatti goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BARB0VJCHUN
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): 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 Chunabhatti in Mumbai Suburban.
For example, the IFSC Code BARB0VJCHUN of Bank Of Baroda for the Chunabhatti 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 BARB0VJCHUN of Bank Of Baroda for its Chunabhatti branch located in Mumbai Suburban, 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 Suburban 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 Chunabhatti or Mumbai Suburban to get the exact IFSC Code BARB0VJCHUN.
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 Suburban that will provide accurate information.
How to Use IFSC Code BARB0VJCHUN for Online Transfers?
Once you have the IFSC Code BARB0VJCHUN for the Chunabhatti branch of Bank Of Baroda in Mumbai Suburban, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0VJCHUN. 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 BARB0VJCHUN.
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 Chunabhatti in Mumbai Suburban, 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 Chunabhatti, 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 Suburban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Chunabhatti Mumbai Suburban branch is BARB0VJCHUN.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Buntara Bavana , Bhandary Estate , Chunnabhatti , Mumbai , 400070.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.