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 Khadda, Mp branch in Shahdol, Khadda, Madhya Pradesh, 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 Shahdol or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0KHADDA. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Khadda, Mp, Shahdol
Below in the table are the key details related to IFSC Code BARB0KHADDA of Bank Of Baroda for its branch located in Shahdol, within the district of Khadda in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0KHADDA |
| Branch | Khadda, Mp |
| City | Shahdol |
| District | Khadda |
| State | Madhya Pradesh |
| Address | Nr.Durga Mandir Road, Vill.Khadda, Tehsil Beohari, Dist.Shahdol, Madhya Pradesh - 484 784. |
These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Shahdol for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0KHADDA for the Khadda, Mp 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 BARB0KHADDA is given to every bank branch, including Bank Of Baroda located in Khadda, Mp, Shahdol, Madhya Pradesh, 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 Shahdol.
- 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 Shahdol and Khadda.
- 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Khadda, Mp doesn't end up at another location.
Format of the IFSC Code BARB0KHADDA
The format of the IFSC Code for banks, including Bank Of Baroda, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of Baroda, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khadda, Mp in Shahdol.
For example, the IFSC Code BARB0KHADDA of Bank Of Baroda for the Khadda, Mp branch includes these elements, identifying the bank and the branch location in Shahdol and Madhya Pradesh correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0KHADDA of Bank Of Baroda for its Khadda, Mp branch located in Shahdol, 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 Shahdol and Khadda, 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 Khadda, Mp or Shahdol to get the exact IFSC Code BARB0KHADDA.
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 Shahdol that will provide accurate information.
How to Use IFSC Code BARB0KHADDA for Online Transfers?
Once you have the IFSC Code BARB0KHADDA for the Khadda, Mp branch of Bank Of Baroda in Shahdol, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0KHADDA. 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 BARB0KHADDA.
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 Khadda, Mp in Shahdol, 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 Khadda, Mp, 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 Shahdol manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0KHADDA.
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 Nr.Durga Mandir Road, Vill.Khadda, Tehsil Beohari, Dist.Shahdol, Madhya Pradesh - 484 784. located in Shahdol, Khadda, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.