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 Maidan Garhi branch in South Delhi, South Delhi, Delhi, 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 South Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code BARB0DBMAID. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Maidan Garhi, South Delhi
Here are the main details that are associated with the IFSC Code BARB0DBMAID of Bank Of Baroda for its branch located in South Delhi, within the district of South Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0DBMAID |
| Branch | Maidan Garhi |
| City | South Delhi |
| District | South Delhi |
| State | Delhi |
| Address | 80A Bus Stand Chowkmaidan Garhi New Delhi 110068 New Delhi New Delhi Delhi 110068 |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in South Delhi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0DBMAID for the Maidan Garhi branch of Bank Of Baroda plays 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 Maidan Garhi, South Delhi, Delhi, is provided a unique IFSC like BARB0DBMAID so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Baroda branch in South Delhi.
- 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 South Delhi and South Delhi.
- 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 Delhi and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Maidan Garhi do not get misguided to another person.
Format of the IFSC Code BARB0DBMAID
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 Maidan Garhi in South Delhi.
For example, the IFSC Code BARB0DBMAID of Bank Of Baroda for the Maidan Garhi branch includes these elements, identifying the bank and the branch location in South Delhi and Delhi correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0DBMAID of Bank Of Baroda for its Maidan Garhi branch located in South Delhi, 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 South Delhi and South Delhi, 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 Maidan Garhi or South Delhi to get the exact IFSC Code BARB0DBMAID.
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 South Delhi, then it will provide you proper information.
How to Use IFSC Code BARB0DBMAID for Online Transfers?
If you have the IFSC Code BARB0DBMAID for the Maidan Garhi branch of Bank Of Baroda in South Delhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0DBMAID. 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 BARB0DBMAID.
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 Maidan Garhi in South Delhi, it may result in delayed or failed transactions.
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 Maidan Garhi, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in South Delhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0DBMAID.
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 80A Bus Stand Chowkmaidan Garhi New Delhi 110068 New Delhi New Delhi Delhi 110068 located in South Delhi, South Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.