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 Bonli, Dist Sawai Madhopur branch in Sawai Madhopur, Bonli, Rajasthan, 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 Sawai Madhopur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code BARB0BONLIX. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Bonli, Dist Sawai Madhopur, Sawai Madhopur

The table below shows the main details of the IFSC Code BARB0BONLIX for the Bank Of Baroda branch in Sawai Madhopur, which falls under the Bonli district in Rajasthan.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0BONLIX
Branch Bonli, Dist Sawai Madhopur
City Sawai Madhopur
District Bonli
State Rajasthan
Address Sadar Bazar, Bonli, Dist. Sawai Madhopur, Rajasthan - 322 001

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Sawai Madhopur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0BONLIX for the Bonli, Dist Sawai Madhopur branch of Bank Of Baroda is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BARB0BONLIX is given to every bank branch, including Bank Of Baroda located in Bonli, Dist Sawai Madhopur, Sawai Madhopur, Rajasthan, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Baroda branch in Sawai Madhopur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Sawai Madhopur and Bonli.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Bonli, Dist Sawai Madhopur doesn't end up at another location.

Format of the IFSC Code BARB0BONLIX

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 Bonli, Dist Sawai Madhopur in Sawai Madhopur.

For example, the IFSC Code BARB0BONLIX of Bank Of Baroda for the Bonli, Dist Sawai Madhopur branch has these elements, identifying the bank and the branch location in Sawai Madhopur and Rajasthan correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0BONLIX of Bank Of Baroda for its Bonli, Dist Sawai Madhopur branch located in Sawai Madhopur, 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 Sawai Madhopur and Bonli, 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 Bonli, Dist Sawai Madhopur or Sawai Madhopur to get the exact IFSC Code BARB0BONLIX.

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 Sawai Madhopur, you'll get the correct details.

How to Use IFSC Code BARB0BONLIX for Online Transfers?

Once you have the IFSC Code BARB0BONLIX for the Bonli, Dist Sawai Madhopur branch of Bank Of Baroda in Sawai Madhopur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0BONLIX. Transfers are processed in batches. This is suitable for 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 BARB0BONLIX.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Baroda Bonli, Dist Sawai Madhopur in Sawai Madhopur may 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 Bonli, Dist Sawai Madhopur, 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 Sawai Madhopur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Bonli, Dist Sawai Madhopur Sawai Madhopur?

The IFSC Code of the Bonli, Dist Sawai Madhopur Sawai Madhopur branch is BARB0BONLIX.

Is IFSC Code BARB0BONLIX permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Baroda Bonli, Dist Sawai Madhopur branch?

The branch is located at Sadar Bazar, Bonli, Dist. Sawai Madhopur, Rajasthan - 322 001.

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.