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 Lalpur Chowk, Jharkhand branch in Ranchi, Ranchi, or Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BARB0LALRAN. 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, Lalpur Chowk, Jharkhand, Ranchi
Here are the key points that are associated with the IFSC Code BARB0LALRAN of Bank Of Baroda for its branch located in Ranchi, within the district of Ranchi in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0LALRAN |
| Branch | Lalpur Chowk, Jharkhand |
| City | Ranchi |
| District | Ranchi |
| State | Jharkhand |
| Address | 206 1St Floor,Devrani Complex,Lalpur Road,Ranchi,Jharkhand - 834001. |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Ranchi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0LALRAN for the Lalpur Chowk, Jharkhand branch of Bank Of Baroda plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Lalpur Chowk, Jharkhand, Ranchi, Jharkhand, is provided a unique IFSC like BARB0LALRAN so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Ranchi.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ranchi and Ranchi.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Lalpur Chowk, Jharkhand do not get misguided to another person.
Format of the IFSC Code BARB0LALRAN
The format of the IFSC Code for banks, including Bank Of Baroda, has 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 Lalpur Chowk, Jharkhand in Ranchi.
For example, the IFSC Code BARB0LALRAN of Bank Of Baroda for the Lalpur Chowk, Jharkhand branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0LALRAN of Bank Of Baroda for its Lalpur Chowk, Jharkhand branch located in Ranchi, 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 Ranchi and Ranchi, 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 Lalpur Chowk, Jharkhand or Ranchi to get the exact IFSC Code BARB0LALRAN.
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 Ranchi, you'll get the correct details.
How to Use IFSC Code BARB0LALRAN for Online Transfers?
If you have the IFSC Code BARB0LALRAN for the Lalpur Chowk, Jharkhand branch of Bank Of Baroda in Ranchi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0LALRAN. 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 BARB0LALRAN.
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 Lalpur Chowk, Jharkhand in Ranchi, it may result in delayed or failed transactions.
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 Lalpur Chowk, Jharkhand, 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 Ranchi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Lalpur Chowk, Jharkhand Ranchi branch is BARB0LALRAN.
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 206 1St Floor,Devrani Complex,Lalpur Road,Ranchi,Jharkhand - 834001..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.