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 Para Br., Dist. Jhabua, M.P. branch in Para, Para, or Madhya Pradesh, 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 Para or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0PARAXX. 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, Para Br., Dist. Jhabua, M.P., Para

Here are the main details that are associated with the IFSC Code BARB0PARAXX of Bank Of Baroda for its branch located in Para, within the district of Para in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0PARAXX
Branch Para Br., Dist. Jhabua, M.P.
City Para
District Para
State Madhya Pradesh
Address Para, Dist. Jhabua, Madhya Pradesh - 457 665.

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Para for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0PARAXX for the Para Br., Dist. Jhabua, M.P. 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 Para Br., Dist. Jhabua, M.P., Para, Madhya Pradesh, are allotted a unique IFSC like BARB0PARAXX to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Para.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Para and Para.
  • 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 Para Br., Dist. Jhabua, M.P. reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code BARB0PARAXX

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Para Br., Dist. Jhabua, M.P. in Para.

For example, the IFSC Code BARB0PARAXX of Bank Of Baroda for the Para Br., Dist. Jhabua, M.P. branch has these elements, identifying the bank and the branch location in Para and Madhya Pradesh correctly.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0PARAXX of Bank Of Baroda for its Para Br., Dist. Jhabua, M.P. branch located in Para, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Para Br., Dist. Jhabua, M.P. or Para to find the exact IFSC Code BARB0PARAXX.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Para will provide accurate information.

How to Use IFSC Code BARB0PARAXX for Online Transfers?

Once you have the IFSC Code BARB0PARAXX for the Para Br., Dist. Jhabua, M.P. branch of Bank Of Baroda in Para, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0PARAXX. 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 BARB0PARAXX.

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 Para Br., Dist. Jhabua, M.P. in Para, 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 Para Br., Dist. Jhabua, M.P., 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 Para 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 Para Br., Dist. Jhabua, M.P., Para?

The IFSC Code is BARB0PARAXX.

Is the IFSC Code BARB0PARAXX 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 Para Br., Dist. Jhabua, M.P.?

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 Para Br., Dist. Jhabua, M.P. branch?

The address of the branch is Para, Dist. Jhabua, Madhya Pradesh - 457 665. located in Para, Para, Madhya Pradesh.

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.