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 Neral, Raigad, Mumbai branch in Raigad, Raigad, 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 BARB0NERALX. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Neral, Raigad, Mumbai, Raigad

Here are the main details that are associated with the IFSC Code BARB0NERALX of Bank Of Baroda for its branch located in Raigad, within the district of Raigad in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0NERALX
Branch Neral, Raigad, Mumbai
City Raigad
District Raigad
State Maharashtra
Address Survey No 290/ 1B, Juna Bazar Peth, Kumbhar Ali, Neral, Dist - Raigad, Mumbai, Maharashtra - 410 101

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0NERALX for the Neral, Raigad, Mumbai branch of Bank Of Baroda is vital.

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 Neral, Raigad, Mumbai, Raigad, Maharashtra, are allotted a unique IFSC like BARB0NERALX to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Raigad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Raigad and Raigad.
  • 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 Neral, Raigad, Mumbai reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BARB0NERALX

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 Neral, Raigad, Mumbai in Raigad.

For example, the IFSC Code BARB0NERALX of Bank Of Baroda for the Neral, Raigad, Mumbai 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 trying to find the IFSC Code BARB0NERALX of Bank Of Baroda for its Neral, Raigad, Mumbai branch located in Raigad, the following methods can help:

Cheque Book

The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Neral, Raigad, Mumbai or Raigad to get the exact IFSC Code BARB0NERALX.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and Raigad, you'll get the correct details.

How to Use IFSC Code BARB0NERALX for Online Transfers?

Once you have the IFSC Code BARB0NERALX for the Neral, Raigad, Mumbai 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 BARB0NERALX. 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 BARB0NERALX.

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 Neral, Raigad, Mumbai 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 are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Neral, Raigad, Mumbai, 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 Raigad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Neral, Raigad, Mumbai, Raigad?

The IFSC Code is BARB0NERALX.

Is the IFSC Code BARB0NERALX 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 Neral, Raigad, Mumbai?

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 Neral, Raigad, Mumbai branch?

The address of the branch is Survey No 290/ 1B, Juna Bazar Peth, Kumbhar Ali, Neral, Dist - Raigad, Mumbai, Maharashtra - 410 101 located in Raigad, Raigad, 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.

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