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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Mardi, Dist. Satara, Maharashtra branch in Satara, Mardi, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly 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 BARB0MARSAT. 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, Mardi, Dist. Satara, Maharashtra, Satara

The table below shows the main details of the IFSC Code BARB0MARSAT for the Bank Of Baroda branch in Satara, which falls under the Mardi district in Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0MARSAT
Branch Mardi, Dist. Satara, Maharashtra
City Satara
District Mardi
State Maharashtra
Address At & Po Mardi, Tal. Man, Dist. Satara, Maharashtra - 415 508.

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Satara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MARSAT for the Mardi, Dist. Satara, Maharashtra branch of Bank Of Baroda plays a vital 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 Mardi, Dist. Satara, Maharashtra, Satara, Maharashtra, is provided with a unique IFSC like BARB0MARSAT 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 Mardi.
  • 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 Mardi, Dist. Satara, Maharashtra do not get mixed with another location.

Format of the IFSC Code BARB0MARSAT

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 Mardi, Dist. Satara, Maharashtra in Satara.

For example, the IFSC Code BARB0MARSAT of Bank Of Baroda for the Mardi, Dist. Satara, Maharashtra branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0MARSAT of Bank Of Baroda for its Mardi, Dist. Satara, Maharashtra branch located in Satara, 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 Satara and Mardi, 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 Mardi, Dist. Satara, Maharashtra or Satara to get the exact IFSC Code BARB0MARSAT.

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 Satara that will provide accurate information.

How to Use IFSC Code BARB0MARSAT for Online Transfers?

Once you have the IFSC Code BARB0MARSAT for the Mardi, Dist. Satara, Maharashtra branch of Bank Of Baroda in Satara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0MARSAT. 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 BARB0MARSAT.

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 Mardi, Dist. Satara, Maharashtra in Satara, it can result in delayed or failed transactions.

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 Mardi, Dist. Satara, Maharashtra, 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 Satara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Mardi, Dist. Satara, Maharashtra, Satara?

The IFSC Code is BARB0MARSAT.

Is the IFSC Code BARB0MARSAT permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Mardi, Dist. Satara, Maharashtra?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mardi, Dist. Satara, Maharashtra branch?

The address of the branch is At & Po Mardi, Tal. Man, Dist. Satara, Maharashtra - 415 508. located in Satara, Mardi, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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