There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Baroda for its Mavinakere branch in Shimoga, Mavinakere, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Baroda situated in Shimoga or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code BARB0VJMAKE. You should 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, Mavinakere, Shimoga

Here are the main details that are associated with the IFSC Code BARB0VJMAKE of Bank Of Baroda for its branch located in Shimoga, within the district of Mavinakere in the state of Karnataka.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0VJMAKE
Branch Mavinakere
City Shimoga
District Mavinakere
State Karnataka
Address Vijaya Bank,Gramapanchayat Bld , Mavinakere Village , Bhadravathi Taluq , Mavinakere , 577245

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Shimoga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0VJMAKE for the Mavinakere 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, along with Bank Of Baroda located in Mavinakere, Shimoga, Karnataka, are given a unique IFSC like BARB0VJMAKE to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Shimoga.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Shimoga and Mavinakere.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Bank Of Baroda in Mavinakere goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0VJMAKE

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 Mavinakere in Shimoga.

For example, the IFSC Code BARB0VJMAKE of Bank Of Baroda for the Mavinakere branch includes these elements, identifying the bank and the branch location in Shimoga and Karnataka accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0VJMAKE of Bank Of Baroda for its Mavinakere branch located in Shimoga, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of Baroda includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Baroda branches in Shimoga and Mavinakere, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Mavinakere or Shimoga to find the exact IFSC Code BARB0VJMAKE.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Shimoga will provide accurate information.

How to Use IFSC Code BARB0VJMAKE for Online Transfers?

Once you have the IFSC Code BARB0VJMAKE for the Mavinakere branch of Bank Of Baroda in Shimoga, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0VJMAKE. 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 BARB0VJMAKE.

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 Mavinakere in Shimoga may 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 Mavinakere, 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 Shimoga manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Mavinakere, Shimoga?

The IFSC Code is BARB0VJMAKE.

Is the IFSC Code BARB0VJMAKE permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Bank Of Baroda Mavinakere?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mavinakere branch?

The address of the branch is Vijaya Bank,Gramapanchayat Bld , Mavinakere Village , Bhadravathi Taluq , Mavinakere , 577245 located in Shimoga, Mavinakere, Karnataka.

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.