The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its New Rajendra Nagar branch in Raipur, Raipur, Chhattisgarh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Bank Of Baroda located in Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code BARB0VJNRAJ. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, New Rajendra Nagar, Raipur
Here are some of the key details that come with the IFSC Code BARB0VJNRAJ of Bank Of Baroda for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0VJNRAJ |
| Branch | New Rajendra Nagar |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| Address | New Rajendranagar Pachpedhi Naka Main Rd Vijetha Complex |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Raipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0VJNRAJ for the New Rajendra Nagar 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0VJNRAJ is given to every bank branch, including Bank Of Baroda located in New Rajendra Nagar, Raipur, Chhattisgarh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Raipur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Raipur and Raipur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in New Rajendra Nagar doesn't end up at another location.
Format of the IFSC Code BARB0VJNRAJ
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): 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 New Rajendra Nagar in Raipur.
For example, the IFSC Code BARB0VJNRAJ of Bank Of Baroda for the New Rajendra Nagar branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0VJNRAJ of Bank Of Baroda for its New Rajendra Nagar branch located in Raipur, 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 Raipur and Raipur, 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 New Rajendra Nagar or Raipur to get the exact IFSC Code BARB0VJNRAJ.
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 Raipur, you'll get the correct details.
How to Use IFSC Code BARB0VJNRAJ for Online Transfers?
Once you have the IFSC Code BARB0VJNRAJ for the New Rajendra Nagar branch of Bank Of Baroda in Raipur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0VJNRAJ. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of Baroda IFSC Code BARB0VJNRAJ.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda New Rajendra Nagar in Raipur 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 New Rajendra Nagar, 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 Raipur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the New Rajendra Nagar Raipur branch is BARB0VJNRAJ.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at New Rajendranagar Pachpedhi Naka Main Rd Vijetha Complex.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.