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 Virar branch in Palghar, Palghar, 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 Palghar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBVPAL. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Virar, Palghar

Here are the key points that are associated with the IFSC Code BARB0DBVPAL of Bank Of Baroda for its branch located in Palghar, within the district of Palghar in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBVPAL
Branch Virar
City Palghar
District Palghar
State Maharashtra
Address Shri Pant Samarth Apts1St Fl Opp Vithal Mandir Mumbai Thane Maharashtra 401303

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Palghar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0DBVPAL for the Virar branch of Bank Of Baroda is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Virar, Palghar, Maharashtra, is provided a unique IFSC like BARB0DBVPAL so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Palghar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Palghar and Palghar.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Virar do not get misguided to another person.

Format of the IFSC Code BARB0DBVPAL

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 Virar in Palghar.

For example, the IFSC Code BARB0DBVPAL of Bank Of Baroda for the Virar 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 looking for the IFSC Code BARB0DBVPAL of Bank Of Baroda for its Virar branch located in Palghar, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Virar or Palghar to get the exact IFSC Code BARB0DBVPAL.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Palghar, then it will provide you proper information.

How to Use IFSC Code BARB0DBVPAL for Online Transfers?

If you have the IFSC Code BARB0DBVPAL for the Virar branch of Bank Of Baroda in Palghar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBVPAL. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Baroda IFSC Code BARB0DBVPAL.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Baroda Virar in Palghar, it 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 Virar, 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 Virar, Palghar?

The IFSC Code is BARB0DBVPAL.

Is the IFSC Code BARB0DBVPAL permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Virar branch?

The address of the branch is Shri Pant Samarth Apts1St Fl Opp Vithal Mandir Mumbai Thane Maharashtra 401303 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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