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 Palasa Kasibugga, Ap branch in Srikakulam, Palasa Kasibugga, Andhra Pradesh, 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 Srikakulam or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code BARB0PALASA. 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, Palasa Kasibugga, Ap, Srikakulam
Here are the main details that are associated with the IFSC Code BARB0PALASA of Bank Of Baroda for its branch located in Srikakulam, within the district of Palasa Kasibugga in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0PALASA |
| Branch | Palasa Kasibugga, Ap |
| City | Srikakulam |
| District | Palasa Kasibugga |
| State | Andhra Pradesh |
| Address | 15-2-167/9,Kt Road,┬Ádist Srikakulam, Palasa Kasibugga, Andhra Pradesh - 532222 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Srikakulam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0PALASA for the Palasa Kasibugga, Ap 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 Palasa Kasibugga, Ap, Srikakulam, Andhra Pradesh, is provided with a unique IFSC like BARB0PALASA to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Srikakulam.
- 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 Srikakulam and Palasa Kasibugga.
- 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Baroda in Palasa Kasibugga, Ap do not get mixed with another location.
Format of the IFSC Code BARB0PALASA
The format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Bank Of Baroda, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Palasa Kasibugga, Ap in Srikakulam.
For example, the IFSC Code BARB0PALASA of Bank Of Baroda for the Palasa Kasibugga, Ap branch has these elements, identifying the bank and the branch location in Srikakulam and Andhra Pradesh correctly.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0PALASA of Bank Of Baroda for its Palasa Kasibugga, Ap branch located in Srikakulam, the following methods can help:
Cheque Book
The cheque books that are issued by Bank Of Baroda include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Bank Of Baroda branches in Srikakulam and Palasa Kasibugga, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Bank Of Baroda and find the branch locator section. Search for Palasa Kasibugga, Ap or Srikakulam to get the exact IFSC Code BARB0PALASA.
Mobile Banking App
If you use Bank Of Baroda's mobile app, you can easily 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 to help you in searching for Bank Of Baroda and Srikakulam that will provide accurate information.
How to Use IFSC Code BARB0PALASA for Online Transfers?
Once you have the IFSC Code BARB0PALASA for the Palasa Kasibugga, Ap branch of Bank Of Baroda in Srikakulam, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0PALASA. 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 BARB0PALASA.
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 Palasa Kasibugga, Ap in Srikakulam 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 Palasa Kasibugga, Ap, 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 Srikakulam manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Palasa Kasibugga, Ap Srikakulam branch is BARB0PALASA.
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 15-2-167/9,Kt Road,┬Ádist Srikakulam, Palasa Kasibugga, Andhra Pradesh - 532222.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.