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 Mukhed,Mh branch in Nanded, Mukhed, 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 Nanded or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0MUKHED. 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, Mukhed,Mh, Nanded
Here are the main details that are associated with the IFSC Code BARB0MUKHED of Bank Of Baroda for its branch located in Nanded, within the district of Mukhed in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0MUKHED |
| Branch | Mukhed,Mh |
| City | Nanded |
| District | Mukhed |
| State | Maharashtra |
| Address | Nagesh Niwar Nars Road,Mukhed,Dist Nanded,Maharashtra ┬Û 431712 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Nanded for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MUKHED for the Mukhed,Mh 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 Mukhed,Mh, Nanded, Maharashtra, are allotted a unique IFSC like BARB0MUKHED to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nanded.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nanded and Mukhed.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Baroda in Mukhed,Mh reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code BARB0MUKHED
This is the format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mukhed,Mh in Nanded.
For example, the IFSC Code BARB0MUKHED of Bank Of Baroda for the Mukhed,Mh branch includes these elements, identifying the bank and the branch location in Nanded and Maharashtra accurately.
How to Find IFSC Code for Bank Of Baroda?
To find the IFSC Code BARB0MUKHED of Bank Of Baroda for its Mukhed,Mh branch located in Nanded, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Nanded and Mukhed, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Mukhed,Mh or Nanded to find the exact IFSC Code BARB0MUKHED.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Nanded will provide accurate information.
How to Use IFSC Code BARB0MUKHED for Online Transfers?
Once you have the IFSC Code BARB0MUKHED for the Mukhed,Mh branch of Bank Of Baroda in Nanded, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0MUKHED. 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 BARB0MUKHED.
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 Mukhed,Mh in Nanded, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Mukhed,Mh, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Nanded manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mukhed,Mh Nanded branch is BARB0MUKHED.
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 Nagesh Niwar Nars Road,Mukhed,Dist Nanded,Maharashtra ┬Û 431712.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.