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 Mohali 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 BARB0DBMHLI. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Bank Of Baroda, Mohali, Sahibzada Ajit Singh Nagar
Here are the main details that are associated with the IFSC Code BARB0DBMHLI 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 | BARB0DBMHLI |
| Branch | Mohali |
| City | Sahibzada Ajit Singh Nagar |
| District | Sahibzada Ajit Singh Nagar |
| State | Punjab |
| Address | Scf127Phase 3B2Mohali Mohalla Sahibzada Ajit Singh Nagar Punjab 160059 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Sahibzada Ajit Singh Nagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBMHLI for the Mohali 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 Mohali, Sahibzada Ajit Singh Nagar, Punjab, are allotted a unique IFSC like BARB0DBMHLI 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 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 makes sure that money sent to Bank Of Baroda in Mohali reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code BARB0DBMHLI
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 Mohali in Sahibzada Ajit Singh Nagar.
For example, the IFSC Code BARB0DBMHLI of Bank Of Baroda for the Mohali branch includes these elements, identifying the bank and the branch location in Sahibzada Ajit Singh Nagar and Punjab accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0DBMHLI of Bank Of Baroda for its Mohali branch located in Sahibzada Ajit Singh Nagar, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Baroda branches in Sahibzada Ajit Singh Nagar and Sahibzada Ajit Singh Nagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Mohali or Sahibzada Ajit Singh Nagar to get the exact IFSC Code BARB0DBMHLI.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Sahibzada Ajit Singh Nagar, then it will provide you proper information.
How to Use IFSC Code BARB0DBMHLI for Online Transfers?
Once you have the IFSC Code BARB0DBMHLI for the Mohali 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 BARB0DBMHLI. The transfer is completed in batches instead of instantly. It is useful for both 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 BARB0DBMHLI.
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 Mohali 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 differ from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Mohali, 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 Sahibzada Ajit Singh Nagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mohali Sahibzada Ajit Singh Nagar branch is BARB0DBMHLI.
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 Scf127Phase 3B2Mohali Mohalla Sahibzada Ajit Singh Nagar Punjab 160059.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.