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 Nawada, Bihar branch in Nawada, Nawada, Bihar, 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 Nawada or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BARB0NAWADA. 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, Nawada, Bihar, Nawada

Here are the main details that are associated with the IFSC Code BARB0NAWADA of Bank Of Baroda for its branch located in Nawada, within the district of Nawada in the state of Bihar.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0NAWADA
Branch Nawada, Bihar
City Nawada
District Nawada
State Bihar
Address Near Lic Office,Thana Road,Nawada,┬Û 805 110

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Nawada for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0NAWADA for the Nawada, Bihar 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 Nawada, Bihar, Nawada, Bihar, is provided with a unique IFSC like BARB0NAWADA to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Nawada.
  • 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 Nawada and Nawada.
  • 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 Bihar and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Nawada, Bihar do not get mixed with another location.

Format of the IFSC Code BARB0NAWADA

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 Nawada, Bihar in Nawada.

For example, the IFSC Code BARB0NAWADA of Bank Of Baroda for the Nawada, Bihar branch has these elements, identifying the bank and the branch location in Nawada and Bihar correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0NAWADA of Bank Of Baroda for its Nawada, Bihar branch located in Nawada, 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 Nawada and Nawada, 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 Nawada, Bihar or Nawada to get the exact IFSC Code BARB0NAWADA.

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 Nawada, you'll get the correct details.

How to Use IFSC Code BARB0NAWADA for Online Transfers?

Once you have the IFSC Code BARB0NAWADA for the Nawada, Bihar branch of Bank Of Baroda in Nawada, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0NAWADA. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0NAWADA.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda Nawada, Bihar in Nawada 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 Nawada, Bihar, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Nawada manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Nawada, Bihar, Nawada?

The IFSC Code is BARB0NAWADA.

Is the IFSC Code BARB0NAWADA permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Nawada, Bihar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Nawada, Bihar branch?

The address of the branch is Near Lic Office,Thana Road,Nawada,┬Û 805 110 located in Nawada, Nawada, Bihar.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.