For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Bholawade, Maharashtra branch in Pune, Bholawade, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0BHOLAW. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Bholawade, Maharashtra, Pune

Here are some of the key details that come with the IFSC Code BARB0BHOLAW of Bank Of Baroda for its branch located in Pune, within the district of Bholawade in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0BHOLAW
Branch Bholawade, Maharashtra
City Pune
District Bholawade
State Maharashtra
Address At & Po Bholawade, Tal. Bhor, Dist. Pune, Maharashtra - 412 206.

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0BHOLAW for the Bholawade, Maharashtra 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Bholawade, Maharashtra, Pune, Maharashtra, is provided a unique IFSC like BARB0BHOLAW so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Pune.
  • 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 Pune and Bholawade.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Bholawade, Maharashtra do not get misguided to another person.

Format of the IFSC Code BARB0BHOLAW

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 Bholawade, Maharashtra in Pune.

For example, the IFSC Code BARB0BHOLAW of Bank Of Baroda for the Bholawade, Maharashtra branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are looking for the IFSC Code BARB0BHOLAW of Bank Of Baroda for its Bholawade, Maharashtra branch located in Pune, 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 Pune and Bholawade, 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 Bholawade, Maharashtra or Pune to get the exact IFSC Code BARB0BHOLAW.

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 Pune, then it will provide you proper information.

How to Use IFSC Code BARB0BHOLAW for Online Transfers?

Once you have the IFSC Code BARB0BHOLAW for the Bholawade, Maharashtra branch of Bank Of Baroda in Pune, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0BHOLAW. 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 BARB0BHOLAW.

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 Bholawade, Maharashtra in Pune, 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 Bholawade, Maharashtra, 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 Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Bholawade, Maharashtra, Pune?

The IFSC Code is BARB0BHOLAW.

Is the IFSC Code BARB0BHOLAW 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 Bholawade, Maharashtra?

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 Bholawade, Maharashtra branch?

The address of the branch is At & Po Bholawade, Tal. Bhor, Dist. Pune, Maharashtra - 412 206. located in Pune, Bholawade, Maharashtra.

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.