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 Mathurapur Khatarwa branch in Sheohar, Sheohar, Bihar, 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 Sheohar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BARB0MATSHE. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Mathurapur Khatarwa, Sheohar
Here are some of the key details that come with the IFSC Code BARB0MATSHE of Bank Of Baroda for its branch located in Sheohar, within the district of Sheohar in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0MATSHE |
| Branch | Mathurapur Khatarwa |
| City | Sheohar |
| District | Sheohar |
| State | Bihar |
| Address | Vill Mathurapur Khatarwa,Po Mathurapur,Dist Sheohar,Athurapur Khatarwa,Bihar 843329 |
These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Sheohar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0MATSHE for the Mathurapur Khatarwa branch of Bank Of Baroda has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Mathurapur Khatarwa, Sheohar, Bihar, is provided a unique IFSC like BARB0MATSHE so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Sheohar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Sheohar and Sheohar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Bihar and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Mathurapur Khatarwa do not get misguided to another person.
Format of the IFSC Code BARB0MATSHE
This is the format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mathurapur Khatarwa in Sheohar.
For example, the IFSC Code BARB0MATSHE of Bank Of Baroda for the Mathurapur Khatarwa branch includes these elements, identifying the bank and the branch location in Sheohar and Bihar accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0MATSHE of Bank Of Baroda for its Mathurapur Khatarwa branch located in Sheohar, the following methods can help:
Cheque Book
The cheque book that is issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Bank Of Baroda branches in Sheohar and Sheohar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Bank Of Baroda and look for the branch locator section, then search for Mathurapur Khatarwa or Sheohar to get the exact IFSC Code BARB0MATSHE.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Baroda and Sheohar, then it will provide you proper information.
How to Use IFSC Code BARB0MATSHE for Online Transfers?
Once you have the IFSC Code BARB0MATSHE for the Mathurapur Khatarwa branch of Bank Of Baroda in Sheohar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0MATSHE. 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 BARB0MATSHE.
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 Mathurapur Khatarwa in Sheohar, it can result in delayed or failed transactions.
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 Mathurapur Khatarwa, 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 Sheohar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0MATSHE.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Vill Mathurapur Khatarwa,Po Mathurapur,Dist Sheohar,Athurapur Khatarwa,Bihar 843329 located in Sheohar, Sheohar, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.