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 Yakubpur Nagwan Bihar branch in Patna, Nagwa, Bihar, 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 Patna or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BARB0YAKUBP. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Yakubpur Nagwan Bihar, Patna

Here are some of the key details that come with the IFSC Code BARB0YAKUBP of Bank Of Baroda for its branch located in Patna, within the district of Nagwa in the state of Bihar.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0YAKUBP
Branch Yakubpur Nagwan Bihar
City Patna
District Nagwa
State Bihar
Address Yakubpur Nagwan,Main Road,Nagwan,Patna Dt,Bihar 801505

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Patna for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0YAKUBP for the Yakubpur Nagwan Bihar 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0YAKUBP is given to every bank branch, including Bank Of Baroda located in Yakubpur Nagwan Bihar, 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 Nagwa.
  • 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 Yakubpur Nagwan Bihar doesn't end up at another location.

Format of the IFSC Code BARB0YAKUBP

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): Show the bank code. For Bank Of Baroda, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Yakubpur Nagwan Bihar in Patna.

For example, the IFSC Code BARB0YAKUBP of Bank Of Baroda for the Yakubpur Nagwan Bihar 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 BARB0YAKUBP of Bank Of Baroda for its Yakubpur Nagwan Bihar 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 Nagwa, 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 Yakubpur Nagwan Bihar or Patna to get the exact IFSC Code BARB0YAKUBP.

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 BARB0YAKUBP for Online Transfers?

Once you have the IFSC Code BARB0YAKUBP for the Yakubpur Nagwan Bihar 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 BARB0YAKUBP. 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 BARB0YAKUBP.

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 Yakubpur Nagwan Bihar in Patna, your payment can get delayed or might not go through at all.

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 Yakubpur Nagwan Bihar, 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 Patna 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 Yakubpur Nagwan Bihar, Patna?

The IFSC Code is BARB0YAKUBP.

Is the IFSC Code BARB0YAKUBP 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 Yakubpur Nagwan Bihar?

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 Yakubpur Nagwan Bihar branch?

The address of the branch is Yakubpur Nagwan,Main Road,Nagwan,Patna Dt,Bihar 801505 located in Patna, Nagwa, 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.