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 South Ambaza Branch branch in Nagpur, Nagpur, 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 Nagpur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BARB0AMBAZA. 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, South Ambaza Branch, Nagpur
The table below shows the main details of the IFSC Code BARB0AMBAZA for the Bank Of Baroda branch in Nagpur, which falls under the Nagpur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0AMBAZA |
| Branch | South Ambaza Branch |
| City | Nagpur |
| District | Nagpur |
| State | Maharashtra |
| Address | South Ambaza Branch,K-5,Manjula Bldg.,8 Rastha Chowk Laxminagar,Nagpur,440022 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Nagpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0AMBAZA for the South Ambaza Branch 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in South Ambaza Branch, Nagpur, Maharashtra, is provided a unique IFSC like BARB0AMBAZA so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Nagpur.
- 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 Nagpur and Nagpur.
- 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 South Ambaza Branch do not get misguided to another person.
Format of the IFSC Code BARB0AMBAZA
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 South Ambaza Branch in Nagpur.
For example, the IFSC Code BARB0AMBAZA of Bank Of Baroda for the South Ambaza Branch branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0AMBAZA of Bank Of Baroda for its South Ambaza Branch branch located in Nagpur, 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of Baroda branches in Nagpur and Nagpur, print them 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 South Ambaza Branch or Nagpur to get the exact IFSC Code BARB0AMBAZA.
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 Nagpur, you'll get the correct details.
How to Use IFSC Code BARB0AMBAZA for Online Transfers?
If you have the IFSC Code BARB0AMBAZA for the South Ambaza Branch branch of Bank Of Baroda in Nagpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0AMBAZA. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of Baroda IFSC Code BARB0AMBAZA.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Baroda South Ambaza Branch in Nagpur, it may 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 South Ambaza 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 Nagpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0AMBAZA.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is South Ambaza Branch,K-5,Manjula Bldg.,8 Rastha Chowk Laxminagar,Nagpur,440022 located in Nagpur, Nagpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.