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 Khandala,Dist.-Satara branch in Satara, Khandala, or Maharashtra, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0KHANDA. 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, Khandala,Dist.-Satara, Satara
Here are the main details that are associated with the IFSC Code BARB0KHANDA of Bank Of Baroda for its branch located in Satara, within the district of Khandala in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0KHANDA |
| Branch | Khandala,Dist.-Satara |
| City | Satara |
| District | Khandala |
| State | Maharashtra |
| Address | Opp. Panchayat Samiti Khandala,Dist.-Satara |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KHANDA for the Khandala,Dist.-Satara 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, including Bank Of Baroda located in Khandala,Dist.-Satara, Satara, Maharashtra, is provided with a unique IFSC like BARB0KHANDA to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Satara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Satara and Khandala.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Khandala,Dist.-Satara do not get mixed with another location.
Format of the IFSC Code BARB0KHANDA
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 Khandala,Dist.-Satara in Satara.
For example, the IFSC Code BARB0KHANDA of Bank Of Baroda for the Khandala,Dist.-Satara branch has these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.
How to Find IFSC Code for Bank Of Baroda?
To find the IFSC Code BARB0KHANDA of Bank Of Baroda for its Khandala,Dist.-Satara branch located in Satara, the following methods can help you out:
Cheque Book
The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Satara and Khandala, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Khandala,Dist.-Satara or Satara to find the exact IFSC Code BARB0KHANDA.
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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Satara will provide accurate information.
How to Use IFSC Code BARB0KHANDA for Online Transfers?
Once you have the IFSC Code BARB0KHANDA for the Khandala,Dist.-Satara branch of Bank Of Baroda in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0KHANDA. 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 BARB0KHANDA.
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 Khandala,Dist.-Satara in Satara, your payment can get delayed or might not go through at all.
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 Khandala,Dist.-Satara, 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 Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0KHANDA.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Opp. Panchayat Samiti Khandala,Dist.-Satara located in Satara, Khandala, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.