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 Calangute branch in North Goa, North Goa, or Goa, 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 North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code BARB0DBCALA. 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, Calangute, North Goa

Here are the key points that are associated with the IFSC Code BARB0DBCALA of Bank Of Baroda for its branch located in North Goa, within the district of North Goa in the state of Goa.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBCALA
Branch Calangute
City North Goa
District North Goa
State Goa
Address Shop No 29 To 33 Ground Floorbuilding No 5Gaura Vaddocalangute Bardez Goa Calangute North Goa Goa 403516

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in North Goa for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBCALA for the Calangute 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 Calangute, North Goa, Goa, is provided with a unique IFSC like BARB0DBCALA to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code BARB0DBCALA

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 Calangute in North Goa.

For example, the IFSC Code BARB0DBCALA of Bank Of Baroda for the Calangute branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBCALA of Bank Of Baroda for its Calangute branch located in North Goa, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Baroda include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Baroda branches in North Goa and North Goa, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Baroda and find the branch locator section. Search for Calangute or North Goa to get the exact IFSC Code BARB0DBCALA.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can easily 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 to help you in searching for Bank Of Baroda and North Goa that will provide accurate information.

How to Use IFSC Code BARB0DBCALA for Online Transfers?

Once you have the IFSC Code BARB0DBCALA for the Calangute branch of Bank Of Baroda in North Goa, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBCALA. 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 BARB0DBCALA.

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 Calangute in North Goa, 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 Calangute, 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 North Goa to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Calangute North Goa?

The IFSC Code of the Calangute North Goa branch is BARB0DBCALA.

Is IFSC Code BARB0DBCALA permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Baroda Calangute branch?

The branch is located at Shop No 29 To 33 Ground Floorbuilding No 5Gaura Vaddocalangute Bardez Goa Calangute North Goa Goa 403516.

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.

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