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 Panvel branch in Raigad, Raigad, or Maharashtra, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0DBPANV. 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, Panvel, Raigad

The table below shows the main details of the IFSC Code BARB0DBPANV for the Bank Of Baroda branch in Raigad, which falls under the Raigad district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DBPANV
Branch Panvel
City Raigad
District Raigad
State Maharashtra
Address Plot No 151 Patil Complexfirst Floor Mcch Society Old Panvel Panvel Raigad Maharashtra 410206

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 BARB0DBPANV for the Panvel 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 Panvel, Raigad, Maharashtra, are given a unique IFSC like BARB0DBPANV 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 any kind of 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 helps ensure that any money sent to Bank Of Baroda in Panvel goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0DBPANV

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 Panvel in Raigad.

For example, the IFSC Code BARB0DBPANV of Bank Of Baroda for the Panvel branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DBPANV of Bank Of Baroda for its Panvel branch located in Raigad, 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 Raigad and Raigad, 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 Panvel or Raigad to get the exact IFSC Code BARB0DBPANV.

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 Raigad that will provide accurate information.

How to Use IFSC Code BARB0DBPANV for Online Transfers?

If you have the IFSC Code BARB0DBPANV for the Panvel branch of Bank Of Baroda in Raigad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DBPANV. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of Baroda IFSC Code BARB0DBPANV.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Baroda Panvel in Raigad, it may result in delayed or failed transactions.

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 Panvel, 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 Panvel, Raigad?

The IFSC Code is BARB0DBPANV.

Is the IFSC Code BARB0DBPANV 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 Panvel?

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 Panvel branch?

The address of the branch is Plot No 151 Patil Complexfirst Floor Mcch Society Old Panvel Panvel Raigad Maharashtra 410206 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.

Nearby BANK OF BARODA Branches

10,000+
Happy Clients

Helping businesses stay compliant and stress-free.

15+
Years Experience

Deep expertise in GST, Income Tax, ROC & business compliance.

50,000+
Documents Filed

Returns, registrations, and filings handled accurately.

4.9★
Client Rating

Trusted by entrepreneurs, startups, and growing businesses.

ISO
Certified

Professional standards and documented processes.

SSL
Secure

Your financial and business data is fully protected.