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 Parsudih branch in Purbi Singhbhum, Jamshedpur, or Jharkhand, 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 Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BARB0PARSUD. 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, Parsudih, Purbi Singhbhum

Below in the table are the key details related to IFSC Code BARB0PARSUD of Bank Of Baroda for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0PARSUD
Branch Parsudih
City Purbi Singhbhum
District Jamshedpur
State Jharkhand
Address Am Square , Haludbani Road, Parsudih, Jamshedpur

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Purbi Singhbhum for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0PARSUD for the Parsudih 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, along with Bank Of Baroda located in Parsudih, Purbi Singhbhum, Jharkhand, are allotted a unique IFSC like BARB0PARSUD to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Purbi Singhbhum.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Purbi Singhbhum and Jamshedpur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of Baroda in Parsudih reaches the right place, even though there are thousands of branches in Jharkhand and across India.

Format of the IFSC Code BARB0PARSUD

The format of the IFSC Code for banks, including Bank Of Baroda, has 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 Parsudih in Purbi Singhbhum.

For example, the IFSC Code BARB0PARSUD of Bank Of Baroda for the Parsudih branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0PARSUD of Bank Of Baroda for its Parsudih branch located in Purbi Singhbhum, 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 Singhbhum and Jamshedpur, 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 Parsudih or Purbi Singhbhum to get the exact IFSC Code BARB0PARSUD.

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 Singhbhum that will provide accurate information.

How to Use IFSC Code BARB0PARSUD for Online Transfers?

Once you have the IFSC Code BARB0PARSUD for the Parsudih branch of Bank Of Baroda in Purbi Singhbhum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0PARSUD. 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 BARB0PARSUD.

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 Parsudih in Purbi Singhbhum, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Parsudih, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Purbi Singhbhum manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Parsudih, Purbi Singhbhum?

The IFSC Code is BARB0PARSUD.

Is the IFSC Code BARB0PARSUD 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 Parsudih?

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 Parsudih branch?

The address of the branch is Am Square , Haludbani Road, Parsudih, Jamshedpur located in Purbi Singhbhum, Jamshedpur, Jharkhand.

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