The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Baroda for its Digital Banking Unit, Palam branch in South West Delhi, Delhi, Delhi, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Baroda located in South West Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code BARB0PALAMD. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Digital Banking Unit, Palam, South West Delhi

Here are the key points that are associated with the IFSC Code BARB0PALAMD of Bank Of Baroda for its branch located in South West Delhi, within the district of Delhi in the state of Delhi.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0PALAMD
Branch Digital Banking Unit, Palam
City South West Delhi
District Delhi
State Delhi
Address Upper Ground Floor,Rz 12/A, Main Railway Station Road,Raj Nagar-1, Palam Colony,New Delhi - 110045

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in South West Delhi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0PALAMD for the Digital Banking Unit, Palam 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 Digital Banking Unit, Palam, South West Delhi, Delhi, are allotted a unique IFSC like BARB0PALAMD to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Bank Of Baroda in Digital Banking Unit, Palam reaches the right place, even though there are thousands of branches in Delhi and across India.

Format of the IFSC Code BARB0PALAMD

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 Digital Banking Unit, Palam in South West Delhi.

For example, the IFSC Code BARB0PALAMD of Bank Of Baroda for the Digital Banking Unit, Palam branch includes these elements, identifying the bank and the branch location in South West Delhi and Delhi accurately.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0PALAMD of Bank Of Baroda for its Digital Banking Unit, Palam branch located in South West Delhi, the following methods can help:

Cheque Book

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

Passbook

Most banks, including Bank Of Baroda branches in South West Delhi and Delhi, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Baroda and navigate to the branch locator section. Search for Digital Banking Unit, Palam or South West Delhi to get the exact IFSC Code BARB0PALAMD.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Baroda and South West Delhi, you'll get the correct details.

How to Use IFSC Code BARB0PALAMD for Online Transfers?

Once you have the IFSC Code BARB0PALAMD for the Digital Banking Unit, Palam branch of Bank Of Baroda in South West Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0PALAMD. 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 BARB0PALAMD.

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 Digital Banking Unit, Palam in South West Delhi 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 Digital Banking Unit, Palam, 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 South West Delhi manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Digital Banking Unit, Palam, South West Delhi?

The IFSC Code is BARB0PALAMD.

Is the IFSC Code BARB0PALAMD permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Bank Of Baroda Digital Banking Unit, Palam?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Digital Banking Unit, Palam branch?

The address of the branch is Upper Ground Floor,Rz 12/A, Main Railway Station Road,Raj Nagar-1, Palam Colony,New Delhi - 110045 located in South West Delhi, Delhi, Delhi.

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.

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