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 Marchi branch in Patna, Patna, or Bihar, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BARB0MARCHI. 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, Marchi, Patna

Here are the key points that are associated with the IFSC Code BARB0MARCHI 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 BARB0MARCHI
Branch Marchi
City Patna
District Patna
State Bihar
Address Shanti Palace Lala Singh Nagar Marchi Main Road Marchi Patna Bihar 800009

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Patna for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MARCHI for the Marchi 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 provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Marchi, Patna, Bihar, is provided with a unique IFSC like BARB0MARCHI to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Patna and Patna.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Marchi do not get mixed with another location.

Format of the IFSC Code BARB0MARCHI

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 Marchi in Patna.

For example, the IFSC Code BARB0MARCHI of Bank Of Baroda for the Marchi branch has these elements, identifying the bank and the branch location in Patna and Bihar correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are looking for the IFSC Code BARB0MARCHI of Bank Of Baroda for its Marchi branch located in Patna, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Marchi or Patna to get the exact IFSC Code BARB0MARCHI.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Patna, then it will provide you proper information.

How to Use IFSC Code BARB0MARCHI for Online Transfers?

Once you have the IFSC Code BARB0MARCHI for the Marchi branch of Bank Of Baroda in Patna, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0MARCHI. 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 BARB0MARCHI.

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 Marchi in Patna, 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 Marchi, 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 Marchi, Patna?

The IFSC Code is BARB0MARCHI.

Is the IFSC Code BARB0MARCHI permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Marchi?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Marchi branch?

The address of the branch is Shanti Palace Lala Singh Nagar Marchi Main Road Marchi Patna Bihar 800009 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.

Nearby BANK OF BARODA Branches

Back to Top