For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Yeola branch in Nasik, Nasik, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBYEOL. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Yeola, Nasik
Here are some of the key details that come with the IFSC Code BARB0DBYEOL 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 | BARB0DBYEOL |
| Branch | Yeola |
| City | Nasik |
| District | Nasik |
| State | Maharashtra |
| Address | Tilak Maidanyeola Yevla Nashik Maharashtra 423401 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Nasik for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBYEOL for the Yeola 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, including Bank Of Baroda located in Yeola, Nasik, Maharashtra, is provided with a unique IFSC like BARB0DBYEOL 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 Yeola do not get mixed with another location.
Format of the IFSC Code BARB0DBYEOL
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 Yeola in Nasik.
For example, the IFSC Code BARB0DBYEOL of Bank Of Baroda for the Yeola branch has these elements, identifying the bank and the branch location in Nasik and Maharashtra correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0DBYEOL of Bank Of Baroda for its Yeola 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
Most banks, including Bank Of Baroda branches in Nasik and Nasik, print the IFSC and MICR codes 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 Yeola or Nasik to get the exact IFSC Code BARB0DBYEOL.
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 BARB0DBYEOL for Online Transfers?
Once you have the IFSC Code BARB0DBYEOL for the Yeola branch of Bank Of Baroda in Nasik, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0DBYEOL. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0DBYEOL.
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 Yeola in Nasik, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Yeola, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Nasik manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Yeola Nasik branch is BARB0DBYEOL.
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 Tilak Maidanyeola Yevla Nashik Maharashtra 423401.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.