There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Gola Road branch in Samastipur, Samastipur, Bihar, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Samastipur or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code BARB0GOLARO. You should 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, Gola Road, Samastipur
The table below shows the main details of the IFSC Code BARB0GOLARO for the Bank Of Baroda branch in Samastipur, which falls under the Samastipur district in Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0GOLARO |
| Branch | Gola Road |
| City | Samastipur |
| District | Samastipur |
| State | Bihar |
| Address | Bahadurpur Opp Kamla Petrol Pump Gola Road Samastipur Bihar 848101 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Samastipur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0GOLARO for the Gola Road 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Gola Road, Samastipur, Bihar, is provided a unique IFSC like BARB0GOLARO so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Samastipur.
- 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 Samastipur and Samastipur.
- 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 Bihar and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Gola Road do not get misguided to another person.
Format of the IFSC Code BARB0GOLARO
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 Gola Road in Samastipur.
For example, the IFSC Code BARB0GOLARO of Bank Of Baroda for the Gola Road branch includes these elements, identifying the bank and the branch location in Samastipur and Bihar accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0GOLARO of Bank Of Baroda for its Gola Road branch located in Samastipur, 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 Samastipur and Samastipur, 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 Gola Road or Samastipur to get the exact IFSC Code BARB0GOLARO.
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 Samastipur, then it will provide you proper information.
How to Use IFSC Code BARB0GOLARO for Online Transfers?
Once you have the IFSC Code BARB0GOLARO for the Gola Road branch of Bank Of Baroda in Samastipur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0GOLARO. 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 BARB0GOLARO.
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 Gola Road in Samastipur, 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 Gola Road, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Samastipur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0GOLARO.
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 Bahadurpur Opp Kamla Petrol Pump Gola Road Samastipur Bihar 848101 located in Samastipur, Samastipur, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.