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 Koira, Orissa branch in Sundergarh, Koira, Odisha, 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 Sundergarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code BARB0KOIRAX. 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, Koira, Orissa, Sundergarh
The table below shows the main details of the IFSC Code BARB0KOIRAX for the Bank Of Baroda branch in Sundergarh, which falls under the Koira district in Odisha.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0KOIRAX |
| Branch | Koira, Orissa |
| City | Sundergarh |
| District | Koira |
| State | Odisha |
| Address | Jena Complex,Thana Chakorissa┬Á774048 |
These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Sundergarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KOIRAX for the Koira, Orissa 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 that is provided by the Reserve Bank of India. A unique IFSC like BARB0KOIRAX is given to every bank branch, including Bank Of Baroda located in Koira, Orissa, Sundergarh, Odisha, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of Baroda branch in Sundergarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Sundergarh and Koira.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Koira, Orissa doesn't end up at another location.
Format of the IFSC Code BARB0KOIRAX
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): 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 Koira, Orissa in Sundergarh.
For example, the IFSC Code BARB0KOIRAX of Bank Of Baroda for the Koira, Orissa branch includes these elements, identifying the bank and the branch location in Sundergarh and Odisha accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are looking for the IFSC Code BARB0KOIRAX of Bank Of Baroda for its Koira, Orissa branch located in Sundergarh, 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 Sundergarh and Koira, 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 Koira, Orissa or Sundergarh to get the exact IFSC Code BARB0KOIRAX.
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 Sundergarh, then it will provide you proper information.
How to Use IFSC Code BARB0KOIRAX for Online Transfers?
Once you have the IFSC Code BARB0KOIRAX for the Koira, Orissa branch of Bank Of Baroda in Sundergarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code BARB0KOIRAX. The transfer is completed in batches instead of instantly. It is useful for both 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 BARB0KOIRAX.
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 Koira, Orissa in Sundergarh, your payment can get delayed or might not go through at all.
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 Koira, Orissa, 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 Sundergarh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0KOIRAX.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Jena Complex,Thana Chakorissa┬Á774048 located in Sundergarh, Koira, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.