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 Loha branch in Nanded, Nanded, 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 Nanded or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BARB0DBLOHA. 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, Loha, Nanded
The table below shows the main details of the IFSC Code BARB0DBLOHA for the Bank Of Baroda branch in Nanded, which falls under the Nanded district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBLOHA |
| Branch | Loha |
| City | Nanded |
| District | Nanded |
| State | Maharashtra |
| Address | Narayan Smruti Main Roadopp Civil Court Loha Dist Nanded 431 708 Loha Nanded Maharashtra 431708 |
These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Nanded for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBLOHA for the Loha branch of Bank Of Baroda has a very 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 Loha, Nanded, Maharashtra, is provided a unique IFSC like BARB0DBLOHA so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Nanded.
- 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 Nanded and Nanded.
- 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 Loha do not get misguided to another person.
Format of the IFSC Code BARB0DBLOHA
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): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Loha in Nanded.
For example, the IFSC Code BARB0DBLOHA of Bank Of Baroda for the Loha branch has these elements, identifying the bank and the branch location in Nanded and Maharashtra correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0DBLOHA of Bank Of Baroda for its Loha branch located in Nanded, 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 Nanded and Nanded, 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 Loha or Nanded to get the exact IFSC Code BARB0DBLOHA.
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 Nanded, then it will provide you proper information.
How to Use IFSC Code BARB0DBLOHA for Online Transfers?
Once you have the IFSC Code BARB0DBLOHA for the Loha branch of Bank Of Baroda in Nanded, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0DBLOHA. 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 BARB0DBLOHA.
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 Loha in Nanded, 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 Loha, 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 Nanded to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DBLOHA.
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 Narayan Smruti Main Roadopp Civil Court Loha Dist Nanded 431 708 Loha Nanded Maharashtra 431708 located in Nanded, Nanded, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.