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 Sco - 56 Branch branch in Panchkula, Panchkula, Haryana, 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 Panchkula or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code BARB0BLYPAN. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Sco - 56 Branch, Panchkula
Below in the table are the key details related to IFSC Code BARB0BLYPAN of Bank Of Baroda for its branch located in Panchkula, within the district of Panchkula in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0BLYPAN |
| Branch | Sco - 56 Branch |
| City | Panchkula |
| District | Panchkula |
| State | Haryana |
| Address | Sco - 56 Branch,Sector 8 Panchkula,Panchkula,134109 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Panchkula for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BLYPAN for the Sco - 56 Branch branch of Bank Of Baroda plays a vital 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, along with Bank Of Baroda located in Sco - 56 Branch, Panchkula, Haryana, are allotted a unique IFSC like BARB0BLYPAN to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panchkula.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panchkula and Panchkula.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Baroda in Sco - 56 Branch reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code BARB0BLYPAN
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 Sco - 56 Branch in Panchkula.
For example, the IFSC Code BARB0BLYPAN of Bank Of Baroda for the Sco - 56 Branch branch includes these elements, identifying the bank and the branch location in Panchkula and Haryana accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0BLYPAN of Bank Of Baroda for its Sco - 56 Branch branch located in Panchkula, 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 Panchkula and Panchkula, 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 Sco - 56 Branch or Panchkula to get the exact IFSC Code BARB0BLYPAN.
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 Panchkula, you'll get the correct details.
How to Use IFSC Code BARB0BLYPAN for Online Transfers?
Once you have the IFSC Code BARB0BLYPAN for the Sco - 56 Branch branch of Bank Of Baroda in Panchkula, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0BLYPAN. 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 BARB0BLYPAN.
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 Sco - 56 Branch in Panchkula, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Sco - 56 Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Bank Of Baroda website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Panchkula manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0BLYPAN.
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 Sco - 56 Branch,Sector 8 Panchkula,Panchkula,134109 located in Panchkula, Panchkula, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
