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 Shivpuri, M.P. branch in Shivpuri, Shivpuri, 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 Shivpuri or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code BARB0SHIVMP. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Shivpuri, M.P., Shivpuri
Here are the main details that are associated with the IFSC Code BARB0SHIVMP of Bank Of Baroda for its branch located in Shivpuri, within the district of Shivpuri in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0SHIVMP |
| Branch | Shivpuri, M.P. |
| City | Shivpuri |
| District | Shivpuri |
| State | Madhya Pradesh |
| Address | Bank Of Baroda - A B Road Shivpuri - Mp - 473501 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Shivpuri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0SHIVMP for the Shivpuri, M.P. 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, including Bank Of Baroda located in Shivpuri, M.P., Shivpuri, Madhya Pradesh, is provided with a unique IFSC like BARB0SHIVMP to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Shivpuri.
- 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 Shivpuri and Shivpuri.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Shivpuri, M.P. do not get mixed with another location.
Format of the IFSC Code BARB0SHIVMP
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 Shivpuri, M.P. in Shivpuri.
For example, the IFSC Code BARB0SHIVMP of Bank Of Baroda for the Shivpuri, M.P. branch includes these elements, identifying the bank and the branch location in Shivpuri and Madhya Pradesh accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0SHIVMP of Bank Of Baroda for its Shivpuri, M.P. branch located in Shivpuri, 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 Shivpuri and Shivpuri, 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 Shivpuri, M.P. or Shivpuri to get the exact IFSC Code BARB0SHIVMP.
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 Shivpuri, then it will provide you proper information.
How to Use IFSC Code BARB0SHIVMP for Online Transfers?
Once you have the IFSC Code BARB0SHIVMP for the Shivpuri, M.P. branch of Bank Of Baroda in Shivpuri, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0SHIVMP. 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 BARB0SHIVMP.
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 Shivpuri, M.P. in Shivpuri, 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 Shivpuri, M.P., 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 Shivpuri manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0SHIVMP.
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 Bank Of Baroda - A B Road Shivpuri - Mp - 473501 located in Shivpuri, Shivpuri, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.