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 Kharar branch in Sahibzada Ajit Singh Nagar, Sahibzada Ajit Singh Nagar, Punjab, 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 Sahibzada Ajit Singh Nagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code BARB0DBKRAR. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Kharar, Sahibzada Ajit Singh Nagar
Here are the main details that are associated with the IFSC Code BARB0DBKRAR of Bank Of Baroda for its branch located in Sahibzada Ajit Singh Nagar, within the district of Sahibzada Ajit Singh Nagar in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBKRAR |
| Branch | Kharar |
| City | Sahibzada Ajit Singh Nagar |
| District | Sahibzada Ajit Singh Nagar |
| State | Punjab |
| Address | Gurunanak Square Chandigarh Kharar Highway Nopp Sunny Enclave Desumajra Distt Sas Nagar Chandigarh Sahibzada Ajit Singh Nagar Punjab 140301 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Sahibzada Ajit Singh Nagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBKRAR for the Kharar 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 Kharar, Sahibzada Ajit Singh Nagar, Punjab, are given a unique IFSC like BARB0DBKRAR to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sahibzada Ajit Singh Nagar.
- 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 Sahibzada Ajit Singh Nagar and Sahibzada Ajit Singh Nagar.
- 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 Kharar goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code BARB0DBKRAR
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): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kharar in Sahibzada Ajit Singh Nagar.
For example, the IFSC Code BARB0DBKRAR of Bank Of Baroda for the Kharar branch has these elements, identifying the bank and the branch location in Sahibzada Ajit Singh Nagar and Punjab correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0DBKRAR of Bank Of Baroda for its Kharar branch located in Sahibzada Ajit Singh Nagar, 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
You can easily find the IFSC and MICR codes because most banks, including Bank Of Baroda branches in Sahibzada Ajit Singh Nagar and Sahibzada Ajit Singh Nagar, print them 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 Kharar or Sahibzada Ajit Singh Nagar to get the exact IFSC Code BARB0DBKRAR.
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 Sahibzada Ajit Singh Nagar, you'll get the correct details.
How to Use IFSC Code BARB0DBKRAR for Online Transfers?
Once you have the IFSC Code BARB0DBKRAR for the Kharar branch of Bank Of Baroda in Sahibzada Ajit Singh Nagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0DBKRAR. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 BARB0DBKRAR.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Baroda Kharar in Sahibzada Ajit Singh Nagar, your payment can get delayed or might not go through at all.
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 Kharar, 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 Sahibzada Ajit Singh Nagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kharar Sahibzada Ajit Singh Nagar branch is BARB0DBKRAR.
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 Gurunanak Square Chandigarh Kharar Highway Nopp Sunny Enclave Desumajra Distt Sas Nagar Chandigarh Sahibzada Ajit Singh Nagar Punjab 140301.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.