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 Versova 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 BARB0DBVERS. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Versova, Mumbai Suburban
Here are some of the key details that come with the IFSC Code BARB0DBVERS 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 | BARB0DBVERS |
| Branch | Versova |
| City | Mumbai Suburban |
| District | Mumbai Suburban |
| State | Maharashtra |
| Address | Dena Bank Versova Branch Opp Apna Bazarjp Road Andheri West Mumbai 400053 Mumbai Mumbai Suburban Maharashtra 400058 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Mumbai Suburban for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBVERS for the Versova branch of Bank Of Baroda is vital.
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 BARB0DBVERS is given to every bank branch, including Bank Of Baroda located in Versova, Mumbai Suburban, 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 Suburban.
- 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 Suburban and Mumbai Suburban.
- 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 Versova doesn't end up at another location.
Format of the IFSC Code BARB0DBVERS
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 Versova in Mumbai Suburban.
For example, the IFSC Code BARB0DBVERS of Bank Of Baroda for the Versova 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 BARB0DBVERS of Bank Of Baroda for its Versova 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 Suburban, 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 Versova or Mumbai Suburban to get the exact IFSC Code BARB0DBVERS.
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 BARB0DBVERS for Online Transfers?
Once you have the IFSC Code BARB0DBVERS for the Versova 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 BARB0DBVERS. 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 BARB0DBVERS.
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 Versova 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 Versova, 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 is BARB0DBVERS.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Dena Bank Versova Branch Opp Apna Bazarjp Road Andheri West Mumbai 400053 Mumbai Mumbai Suburban Maharashtra 400058 located in Mumbai Suburban, Mumbai Suburban, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.