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 Burmamines Market, Jamshedpur branch in Paschimi Singhbhum, Jamshedpur, Jharkhand, 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 Paschimi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BARB0BURMAM. 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, Burmamines Market, Jamshedpur, Paschimi Singhbhum

Here are some of the key details that come with the IFSC Code BARB0BURMAM of Bank Of Baroda for its branch located in Paschimi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0BURMAM
Branch Burmamines Market, Jamshedpur
City Paschimi Singhbhum
District Jamshedpur
State Jharkhand
Address Burmamines Market,Jamshedpur-831007

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Paschimi Singhbhum for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BURMAM for the Burmamines Market, Jamshedpur 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 BARB0BURMAM is given to every bank branch, including Bank Of Baroda located in Burmamines Market, Jamshedpur, Paschimi Singhbhum, Jharkhand, 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 Paschimi Singhbhum.
  • 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 Paschimi Singhbhum and Jamshedpur.
  • 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Burmamines Market, Jamshedpur doesn't end up at another location.

Format of the IFSC Code BARB0BURMAM

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 Burmamines Market, Jamshedpur in Paschimi Singhbhum.

For example, the IFSC Code BARB0BURMAM of Bank Of Baroda for the Burmamines Market, Jamshedpur branch has these elements, identifying the bank and the branch location in Paschimi Singhbhum and Jharkhand correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0BURMAM of Bank Of Baroda for its Burmamines Market, Jamshedpur branch located in Paschimi Singhbhum, 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 Paschimi Singhbhum and Jamshedpur, 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 Burmamines Market, Jamshedpur or Paschimi Singhbhum to get the exact IFSC Code BARB0BURMAM.

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 Paschimi Singhbhum that will provide accurate information.

How to Use IFSC Code BARB0BURMAM for Online Transfers?

If you have the IFSC Code BARB0BURMAM for the Burmamines Market, Jamshedpur branch of Bank Of Baroda in Paschimi Singhbhum, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0BURMAM. 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 BARB0BURMAM.

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 Burmamines Market, Jamshedpur in Paschimi Singhbhum, it may 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 Burmamines Market, Jamshedpur, 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 Paschimi Singhbhum manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Burmamines Market, Jamshedpur, Paschimi Singhbhum?

The IFSC Code is BARB0BURMAM.

Is the IFSC Code BARB0BURMAM 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 Burmamines Market, Jamshedpur?

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 Burmamines Market, Jamshedpur branch?

The address of the branch is Burmamines Market,Jamshedpur-831007 located in Paschimi Singhbhum, Jamshedpur, Jharkhand.

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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