For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Baroda for its Wathar Station,Satara,Mh branch in Satara, Koregaon, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Baroda located in Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0WATHAR. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Wathar Station,Satara,Mh, Satara
Here are some of the key details that come with the IFSC Code BARB0WATHAR of Bank Of Baroda for its branch located in Satara, within the district of Koregaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0WATHAR |
| Branch | Wathar Station,Satara,Mh |
| City | Satara |
| District | Koregaon |
| State | Maharashtra |
| Address | A/P Wathar Station,Tal Koregaon,Dist Satara,Maharashtra ┬Û 415524. |
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 BARB0WATHAR for the Wathar Station,Satara,Mh 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 Wathar Station,Satara,Mh, Satara, Maharashtra, is provided with a unique IFSC like BARB0WATHAR 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 Koregaon.
- 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 Wathar Station,Satara,Mh do not get mixed with another location.
Format of the IFSC Code BARB0WATHAR
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 Wathar Station,Satara,Mh in Satara.
For example, the IFSC Code BARB0WATHAR of Bank Of Baroda for the Wathar Station,Satara,Mh 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?
If you are trying to find the IFSC Code BARB0WATHAR of Bank Of Baroda for its Wathar Station,Satara,Mh branch located in Satara, 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 Satara and Koregaon, 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 Wathar Station,Satara,Mh or Satara to get the exact IFSC Code BARB0WATHAR.
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 Satara, you'll get the correct details.
How to Use IFSC Code BARB0WATHAR for Online Transfers?
Once you have the IFSC Code BARB0WATHAR for the Wathar Station,Satara,Mh 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 BARB0WATHAR. 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 BARB0WATHAR.
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 Wathar Station,Satara,Mh 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 Wathar Station,Satara,Mh, 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 BARB0WATHAR.
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 A/P Wathar Station,Tal Koregaon,Dist Satara,Maharashtra ┬Û 415524. located in Satara, Koregaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.