There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Raxaul,Bihar branch in Purbi Champaran, Raxaul, Bihar, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Purbi Champaran or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code BARB0RAXAUL. You should 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, Raxaul,Bihar, Purbi Champaran

Here are the main details that are associated with the IFSC Code BARB0RAXAUL of Bank Of Baroda for its branch located in Purbi Champaran, within the district of Raxaul in the state of Bihar.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0RAXAUL
Branch Raxaul,Bihar
City Purbi Champaran
District Raxaul
State Bihar
Address Main Road,Raxaul,East Champaran Dt,Bihar - 845305.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Purbi Champaran for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0RAXAUL for the Raxaul,Bihar branch of Bank Of Baroda plays an important 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 Raxaul,Bihar, Purbi Champaran, Bihar, is provided a unique IFSC like BARB0RAXAUL so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code BARB0RAXAUL

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 Raxaul,Bihar in Purbi Champaran.

For example, the IFSC Code BARB0RAXAUL of Bank Of Baroda for the Raxaul,Bihar branch includes these elements, identifying the bank and the branch location in Purbi Champaran and Bihar accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0RAXAUL of Bank Of Baroda for its Raxaul,Bihar branch located in Purbi Champaran, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Baroda include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Baroda and find the branch locator section. Search for Raxaul,Bihar or Purbi Champaran to get the exact IFSC Code BARB0RAXAUL.

Mobile Banking App

If you use Bank Of Baroda's mobile app, you can easily 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 to help you in searching for Bank Of Baroda and Purbi Champaran that will provide accurate information.

How to Use IFSC Code BARB0RAXAUL for Online Transfers?

Once you have the IFSC Code BARB0RAXAUL for the Raxaul,Bihar branch of Bank Of Baroda in Purbi Champaran, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0RAXAUL. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 BARB0RAXAUL.

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 Raxaul,Bihar in Purbi Champaran, 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 Raxaul,Bihar, 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 Purbi Champaran manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Raxaul,Bihar, Purbi Champaran?

The IFSC Code is BARB0RAXAUL.

Is the IFSC Code BARB0RAXAUL 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 Raxaul,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 Raxaul,Bihar branch?

The address of the branch is Main Road,Raxaul,East Champaran Dt,Bihar - 845305. located in Purbi Champaran, Raxaul, 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.