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 Bazar Samiti branch in Patna, Patna, Bihar, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BARB0BAZPAT. 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, Bazar Samiti, Patna

Here are the main details that are associated with the IFSC Code BARB0BAZPAT of Bank Of Baroda for its branch located in Patna, within the district of Patna in the state of Bihar.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0BAZPAT
Branch Bazar Samiti
City Patna
District Patna
State Bihar
Address Kalpana Arcade Bazar Samiti Road Near Moinui Haq Stadium Patna Bihar 800006

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Patna for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0BAZPAT for the Bazar Samiti branch of Bank Of Baroda is vital.

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 BARB0BAZPAT is given to every bank branch, including Bank Of Baroda located in Bazar Samiti, Patna, Bihar, 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 Patna.
  • 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 Patna and Patna.
  • 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Bazar Samiti doesn't end up at another location.

Format of the IFSC Code BARB0BAZPAT

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 Bazar Samiti in Patna.

For example, the IFSC Code BARB0BAZPAT of Bank Of Baroda for the Bazar Samiti branch includes these elements, identifying the bank and the branch location in Patna and Bihar accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0BAZPAT of Bank Of Baroda for its Bazar Samiti branch located in Patna, 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

You can easily find the IFSC and MICR codes because most banks, including Bank Of Baroda branches in Patna and Patna, print them 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 Bazar Samiti or Patna to get the exact IFSC Code BARB0BAZPAT.

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 Patna, you'll get the correct details.

How to Use IFSC Code BARB0BAZPAT for Online Transfers?

Once you have the IFSC Code BARB0BAZPAT for the Bazar Samiti branch of Bank Of Baroda in Patna, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0BAZPAT. The transfer is completed in batches instead of instantly. It is useful for both 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 BARB0BAZPAT.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Baroda Bazar Samiti in Patna, your payment can get delayed or might not go through at all.

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 Bazar Samiti, 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 Patna manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Bazar Samiti, Patna?

The IFSC Code is BARB0BAZPAT.

Is the IFSC Code BARB0BAZPAT 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 Bazar Samiti?

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 Bazar Samiti branch?

The address of the branch is Kalpana Arcade Bazar Samiti Road Near Moinui Haq Stadium Patna Bihar 800006 located in Patna, Patna, Bihar.

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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