The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its Bakor, Gujarat branch in Panch Mahals, Bakor, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of Baroda located in Panch Mahals or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code BARB0BAKPAN. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Bakor, Gujarat, Panch Mahals
Here are some of the key details that come with the IFSC Code BARB0BAKPAN of Bank Of Baroda for its branch located in Panch Mahals, within the district of Bakor in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BAKPAN |
| Branch | Bakor, Gujarat |
| City | Panch Mahals |
| District | Bakor |
| State | Gujarat |
| Address | Near Parabadi, Bakor, Tal.Khanpur, Dist.Panchmahals, Gujarat - 389 232. |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Panch Mahals for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BAKPAN for the Bakor, Gujarat 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0BAKPAN is given to every bank branch, including Bank Of Baroda located in Bakor, Gujarat, Panch Mahals, Gujarat, 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 Panch Mahals.
- 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 Panch Mahals and Bakor.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Bakor, Gujarat doesn't end up at another location.
Format of the IFSC Code BARB0BAKPAN
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 Bakor, Gujarat in Panch Mahals.
For example, the IFSC Code BARB0BAKPAN of Bank Of Baroda for the Bakor, Gujarat branch includes these elements, identifying the bank and the branch location in Panch Mahals and Gujarat correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BAKPAN of Bank Of Baroda for its Bakor, Gujarat branch located in Panch Mahals, 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 Panch Mahals and Bakor, 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 Bakor, Gujarat or Panch Mahals to get the exact IFSC Code BARB0BAKPAN.
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 Panch Mahals that will provide accurate information.
How to Use IFSC Code BARB0BAKPAN for Online Transfers?
Once you have the IFSC Code BARB0BAKPAN for the Bakor, Gujarat branch of Bank Of Baroda in Panch Mahals, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BAKPAN. 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 BARB0BAKPAN.
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 Bakor, Gujarat in Panch Mahals 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 Bakor, Gujarat, 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 Panch Mahals to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BAKPAN.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Parabadi, Bakor, Tal.Khanpur, Dist.Panchmahals, Gujarat - 389 232. located in Panch Mahals, Bakor, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.