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 Kharghar, Navi Mumbai Taluk Panvel branch in Raigad, Panvel, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0KHARGA. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Kharghar, Navi Mumbai Taluk Panvel, Raigad
Here are some of the key details that come with the IFSC Code BARB0KHARGA of Bank Of Baroda for its branch located in Raigad, within the district of Panvel in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0KHARGA |
| Branch | Kharghar, Navi Mumbai Taluk Panvel |
| City | Raigad |
| District | Panvel |
| State | Maharashtra |
| Address | Opp Daily Bazaar, Plot No.19A,Sector 20, Kharghar, Navi Mumbai Taluk Panvel 410 210 |
These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KHARGA for the Kharghar, Navi Mumbai Taluk Panvel branch of Bank Of Baroda has a very 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, including Bank Of Baroda located in Kharghar, Navi Mumbai Taluk Panvel, Raigad, Maharashtra, is provided with a unique IFSC like BARB0KHARGA to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Raigad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Raigad and Panvel.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Kharghar, Navi Mumbai Taluk Panvel do not get mixed with another location.
Format of the IFSC Code BARB0KHARGA
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): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kharghar, Navi Mumbai Taluk Panvel in Raigad.
For example, the IFSC Code BARB0KHARGA of Bank Of Baroda for the Kharghar, Navi Mumbai Taluk Panvel branch has these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0KHARGA of Bank Of Baroda for its Kharghar, Navi Mumbai Taluk Panvel branch located in Raigad, 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 Raigad and Panvel, 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 Kharghar, Navi Mumbai Taluk Panvel or Raigad to get the exact IFSC Code BARB0KHARGA.
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 Raigad, then it will provide you proper information.
How to Use IFSC Code BARB0KHARGA for Online Transfers?
Once you have the IFSC Code BARB0KHARGA for the Kharghar, Navi Mumbai Taluk Panvel branch of Bank Of Baroda in Raigad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0KHARGA. 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 BARB0KHARGA.
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 Kharghar, Navi Mumbai Taluk Panvel in Raigad, 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 Kharghar, Navi Mumbai Taluk Panvel, 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 Raigad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0KHARGA.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Opp Daily Bazaar, Plot No.19A,Sector 20, Kharghar, Navi Mumbai Taluk Panvel 410 210 located in Raigad, Panvel, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.