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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Baroda for its Lohoner Savaki branch in Nasik, Nasik, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of Baroda located in Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBLOHO. 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, Lohoner Savaki, Nasik
Below in the table are the key details related to IFSC Code BARB0DBLOHO of Bank Of Baroda for its branch located in Nasik, within the district of Nasik in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBLOHO |
| Branch | Lohoner Savaki |
| City | Nasik |
| District | Nasik |
| State | Maharashtra |
| Address | Dena Bank At Po Lohoner Savaki Tal Nashik Lohoner Nashik Maharashtra 423301 |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Nasik for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBLOHO for the Lohoner Savaki 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Lohoner Savaki, Nasik, Maharashtra, is provided with a unique IFSC like BARB0DBLOHO to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Nasik.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Nasik and Nasik.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Lohoner Savaki do not get mixed with another location.
Format of the IFSC Code BARB0DBLOHO
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 Lohoner Savaki in Nasik.
For example, the IFSC Code BARB0DBLOHO of Bank Of Baroda for the Lohoner Savaki branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0DBLOHO of Bank Of Baroda for its Lohoner Savaki branch located in Nasik, 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 Nasik and Nasik, 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 Lohoner Savaki or Nasik to get the exact IFSC Code BARB0DBLOHO.
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 Nasik, you'll get the correct details.
How to Use IFSC Code BARB0DBLOHO for Online Transfers?
Once you have the IFSC Code BARB0DBLOHO for the Lohoner Savaki branch of Bank Of Baroda in Nasik, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0DBLOHO. 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 BARB0DBLOHO.
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 Lohoner Savaki in Nasik, 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 Lohoner Savaki, 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 Nasik to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DBLOHO.
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 Dena Bank At Po Lohoner Savaki Tal Nashik Lohoner Nashik Maharashtra 423301 located in Nasik, Nasik, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.