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 Sativali branch in Palghar, Palghar, Maharashtra, 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 Palghar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBSATI. 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, Sativali, Palghar

The table below shows the main details of the IFSC Code BARB0DBSATI for the Bank Of Baroda branch in Palghar, which falls under the Palghar district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBSATI
Branch Sativali
City Palghar
District Palghar
State Maharashtra
Address Sativali Branch Dena Bank Iccha Sadan Satdistthane Pin401208 Thane Thane Maharashtra 401208

These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Palghar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBSATI for the Sativali branch of Bank Of Baroda has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0DBSATI is given to every bank branch, including Bank Of Baroda located in Sativali, Palghar, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Palghar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Palghar and Palghar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Sativali doesn't end up at another location.

Format of the IFSC Code BARB0DBSATI

The format of the IFSC Code for banks, including Bank Of Baroda, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of Baroda, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sativali in Palghar.

For example, the IFSC Code BARB0DBSATI of Bank Of Baroda for the Sativali branch includes these elements, identifying the bank and the branch location in Palghar and Maharashtra correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBSATI of Bank Of Baroda for its Sativali branch located in Palghar, 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 Palghar and Palghar, 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 Sativali or Palghar to get the exact IFSC Code BARB0DBSATI.

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 Palghar, you'll get the correct details.

How to Use IFSC Code BARB0DBSATI for Online Transfers?

Once you have the IFSC Code BARB0DBSATI for the Sativali branch of Bank Of Baroda in Palghar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0DBSATI. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BARB0DBSATI.

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 Sativali in Palghar, your payment can get delayed or might not go through at all.

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 Sativali, 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 Palghar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Sativali, Palghar?

The IFSC Code is BARB0DBSATI.

Is the IFSC Code BARB0DBSATI permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Sativali?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Sativali branch?

The address of the branch is Sativali Branch Dena Bank Iccha Sadan Satdistthane Pin401208 Thane Thane Maharashtra 401208 located in Palghar, Palghar, Maharashtra.

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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