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 Phaloj, Rajasthan branch in Phaloj, Phaloj, or Rajasthan, 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 Phaloj or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BARB0PHADUN. 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, Phaloj, Rajasthan, Phaloj

Here are the key points that are associated with the IFSC Code BARB0PHADUN of Bank Of Baroda for its branch located in Phaloj, within the district of Phaloj in the state of Rajasthan.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0PHADUN
Branch Phaloj, Rajasthan
City Phaloj
District Phaloj
State Rajasthan
Address Phaloj, Dist.Dungarpur, Rajasthan - 314 402.

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Phaloj for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0PHADUN for the Phaloj, Rajasthan branch of Bank Of Baroda is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Phaloj, Rajasthan, Phaloj, Rajasthan, is provided a unique IFSC like BARB0PHADUN so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Phaloj.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Phaloj and Phaloj.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Phaloj, Rajasthan do not get misguided to another person.

Format of the IFSC Code BARB0PHADUN

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Phaloj, Rajasthan in Phaloj.

For example, the IFSC Code BARB0PHADUN of Bank Of Baroda for the Phaloj, Rajasthan branch includes these elements, identifying the bank and the branch location in Phaloj and Rajasthan accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0PHADUN of Bank Of Baroda for its Phaloj, Rajasthan branch located in Phaloj, 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 Phaloj and Phaloj, 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 Phaloj, Rajasthan or Phaloj to find the exact IFSC Code BARB0PHADUN.

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 Phaloj will provide accurate information.

How to Use IFSC Code BARB0PHADUN for Online Transfers?

If you have the IFSC Code BARB0PHADUN for the Phaloj, Rajasthan branch of Bank Of Baroda in Phaloj, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0PHADUN. 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 BARB0PHADUN.

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 Phaloj, Rajasthan in Phaloj, it may 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 Phaloj, Rajasthan, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Phaloj manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Phaloj, Rajasthan Phaloj?

The IFSC Code of the Phaloj, Rajasthan Phaloj branch is BARB0PHADUN.

Is IFSC Code BARB0PHADUN permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Baroda Phaloj, Rajasthan branch?

The branch is located at Phaloj, Dist.Dungarpur, Rajasthan - 314 402..

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.