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 Siwan,Bihar branch in Siwan, Siwan, 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 Siwan or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code BARB0SIWANX. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Siwan,Bihar, Siwan
Here are some of the key details that come with the IFSC Code BARB0SIWANX of Bank Of Baroda for its branch located in Siwan, within the district of Siwan in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0SIWANX |
| Branch | Siwan,Bihar |
| City | Siwan |
| District | Siwan |
| State | Bihar |
| Address | Rajendra Path, (Chapra Siwan Road) Siwan, Bihar 841226 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Siwan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0SIWANX for the Siwan,Bihar branch of Bank Of Baroda has an 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 Siwan,Bihar, Siwan, Bihar, is provided a unique IFSC like BARB0SIWANX so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in Siwan.
- 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 Siwan and Siwan.
- 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 Siwan,Bihar do not get misguided to another person.
Format of the IFSC Code BARB0SIWANX
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 Siwan,Bihar in Siwan.
For example, the IFSC Code BARB0SIWANX of Bank Of Baroda for the Siwan,Bihar branch includes these elements, identifying the bank and the branch location in Siwan and Bihar accurately.
How to Find IFSC Code for Bank Of Baroda?
To find the IFSC Code BARB0SIWANX of Bank Of Baroda for its Siwan,Bihar branch located in Siwan, 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 Siwan and Siwan, 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 Siwan,Bihar or Siwan to find the exact IFSC Code BARB0SIWANX.
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 Siwan will provide accurate information.
How to Use IFSC Code BARB0SIWANX for Online Transfers?
If you have the IFSC Code BARB0SIWANX for the Siwan,Bihar branch of Bank Of Baroda in Siwan, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0SIWANX. Transfers are processed in batches. 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. Asks for the recipient's account details and Bank Of Baroda IFSC Code BARB0SIWANX.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Baroda Siwan,Bihar in Siwan, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Baroda in Siwan,Bihar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Siwan manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Siwan,Bihar Siwan branch is BARB0SIWANX.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Rajendra Path, (Chapra Siwan Road) Siwan, Bihar 841226.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.