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 Diwanganj branch in Raisen, Diwanganj, Madhya Pradesh, 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 Raisen or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0DIWANG. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Diwanganj, Raisen

Below in the table are the key details related to IFSC Code BARB0DIWANG of Bank Of Baroda for its branch located in Raisen, within the district of Diwanganj in the state of Madhya Pradesh.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0DIWANG
Branch Diwanganj
City Raisen
District Diwanganj
State Madhya Pradesh
Address Main Road Vidisha Vill Diwanganj Tehsil Sanchi Dist Raisen Madhya Pradesh 464651

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Raisen for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DIWANG for the Diwanganj 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 Diwanganj, Raisen, Madhya Pradesh, are given a unique IFSC like BARB0DIWANG to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Raisen.
  • 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 Raisen and Diwanganj.
  • 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 Diwanganj goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0DIWANG

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 Diwanganj in Raisen.

For example, the IFSC Code BARB0DIWANG of Bank Of Baroda for the Diwanganj branch includes these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0DIWANG of Bank Of Baroda for its Diwanganj branch located in Raisen, 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 Raisen and Diwanganj, 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 Diwanganj or Raisen to get the exact IFSC Code BARB0DIWANG.

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 Raisen, you'll get the correct details.

How to Use IFSC Code BARB0DIWANG for Online Transfers?

Once you have the IFSC Code BARB0DIWANG for the Diwanganj branch of Bank Of Baroda in Raisen, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0DIWANG. 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 BARB0DIWANG.

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 Diwanganj in Raisen may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Baroda in Diwanganj, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of Baroda website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Raisen manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Diwanganj Raisen?

The IFSC Code of the Diwanganj Raisen branch is BARB0DIWANG.

Is IFSC Code BARB0DIWANG permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Baroda Diwanganj branch?

The branch is located at Main Road Vidisha Vill Diwanganj Tehsil Sanchi Dist Raisen Madhya Pradesh 464651.

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.