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 Power House, Rourkela branch in Rourkela, Rourkela, Odisha, 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 Rourkela or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code BARB0POWROU. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Power House, Rourkela, Rourkela
Here are the main details that are associated with the IFSC Code BARB0POWROU of Bank Of Baroda for its branch located in Rourkela, within the district of Rourkela in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0POWROU |
| Branch | Power House, Rourkela |
| City | Rourkela |
| District | Rourkela |
| State | Odisha |
| Address | Hotel Nidhi Complex, Power House - Road, Rourkela - 769 001. |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Rourkela for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0POWROU for the Power House, Rourkela 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 provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Power House, Rourkela, Rourkela, Odisha, are allotted a unique IFSC like BARB0POWROU to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rourkela.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rourkela and Rourkela.
- 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 Power House, Rourkela reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code BARB0POWROU
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Power House, Rourkela in Rourkela.
For example, the IFSC Code BARB0POWROU of Bank Of Baroda for the Power House, Rourkela branch includes these elements, identifying the bank and the branch location in Rourkela and Odisha accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0POWROU of Bank Of Baroda for its Power House, Rourkela branch located in Rourkela, 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 Rourkela and Rourkela, 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 Power House, Rourkela or Rourkela to get the exact IFSC Code BARB0POWROU.
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 Rourkela that will provide accurate information.
How to Use IFSC Code BARB0POWROU for Online Transfers?
Once you have the IFSC Code BARB0POWROU for the Power House, Rourkela branch of Bank Of Baroda in Rourkela, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0POWROU. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Baroda IFSC Code BARB0POWROU.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Baroda Power House, Rourkela in Rourkela, it can 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 Power House, Rourkela, 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 Rourkela manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0POWROU.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Hotel Nidhi Complex, Power House - Road, Rourkela - 769 001. located in Rourkela, Rourkela, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.