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 Beruanbadi branch in Nayagarh, Nayagarh, Odisha, 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 Nayagarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BARB0BERUAN. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Beruanbadi, Nayagarh
The table below shows the main details of the IFSC Code BARB0BERUAN for the Bank Of Baroda branch in Nayagarh, which falls under the Nayagarh district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BERUAN |
| Branch | Beruanbadi |
| City | Nayagarh |
| District | Nayagarh |
| State | Odisha |
| Address | At Beruanbadi Gram Panchayat Block Nuagaon Po Beruanbadi Dist Nayagarh Orissa 752082 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Nayagarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BERUAN for the Beruanbadi 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 Beruanbadi, Nayagarh, Odisha, is provided with a unique IFSC like BARB0BERUAN to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Nayagarh.
- 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 Nayagarh and Nayagarh.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Beruanbadi do not get mixed with another location.
Format of the IFSC Code BARB0BERUAN
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Beruanbadi in Nayagarh.
For example, the IFSC Code BARB0BERUAN of Bank Of Baroda for the Beruanbadi branch includes these elements, identifying the bank and the branch location in Nayagarh and Odisha accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BERUAN of Bank Of Baroda for its Beruanbadi branch located in Nayagarh, 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 Nayagarh and Nayagarh, 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 Beruanbadi or Nayagarh to get the exact IFSC Code BARB0BERUAN.
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 Nayagarh, you'll get the correct details.
How to Use IFSC Code BARB0BERUAN for Online Transfers?
Once you have the IFSC Code BARB0BERUAN for the Beruanbadi branch of Bank Of Baroda in Nayagarh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BERUAN. 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 BARB0BERUAN.
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 Beruanbadi in Nayagarh, 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 Beruanbadi, 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 Nayagarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BERUAN.
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 At Beruanbadi Gram Panchayat Block Nuagaon Po Beruanbadi Dist Nayagarh Orissa 752082 located in Nayagarh, Nayagarh, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.