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 Tarabai Park, Kolhapur, Maharashtra branch in Taraba, Taraba, Maharashtra, 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 Taraba or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0TARABA. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Baroda, Tarabai Park, Kolhapur, Maharashtra, Taraba

Here are the main details that are associated with the IFSC Code BARB0TARABA of Bank Of Baroda for its branch located in Taraba, within the district of Taraba in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0TARABA
Branch Tarabai Park, Kolhapur, Maharashtra
City Taraba
District Taraba
State Maharashtra
Address Sayantara Complex, E Ward, Near Vivekanand College,Kolhapur,Maharashtra ┬Û 461 003

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Baroda in Taraba for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0TARABA for the Tarabai Park, Kolhapur, Maharashtra 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Baroda located in Tarabai Park, Kolhapur, Maharashtra, Taraba, Maharashtra, are allotted a unique IFSC like BARB0TARABA to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Taraba.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Taraba and Taraba.
  • 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 Tarabai Park, Kolhapur, Maharashtra reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code BARB0TARABA

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 Tarabai Park, Kolhapur, Maharashtra in Taraba.

For example, the IFSC Code BARB0TARABA of Bank Of Baroda for the Tarabai Park, Kolhapur, Maharashtra branch has these elements, identifying the bank and the branch location in Taraba and Maharashtra correctly.

How to Find IFSC Code for Bank Of Baroda?

If you are trying to find the IFSC Code BARB0TARABA of Bank Of Baroda for its Tarabai Park, Kolhapur, Maharashtra branch located in Taraba, 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 Taraba and Taraba, 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 Tarabai Park, Kolhapur, Maharashtra or Taraba to get the exact IFSC Code BARB0TARABA.

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 Taraba, you'll get the correct details.

How to Use IFSC Code BARB0TARABA for Online Transfers?

If you have the IFSC Code BARB0TARABA for the Tarabai Park, Kolhapur, Maharashtra branch of Bank Of Baroda in Taraba, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0TARABA. 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 BARB0TARABA.

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 Tarabai Park, Kolhapur, Maharashtra in Taraba, 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 Tarabai Park, Kolhapur, Maharashtra, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Taraba manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Tarabai Park, Kolhapur, Maharashtra Taraba?

The IFSC Code of the Tarabai Park, Kolhapur, Maharashtra Taraba branch is BARB0TARABA.

Is IFSC Code BARB0TARABA permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Baroda Tarabai Park, Kolhapur, Maharashtra branch?

The branch is located at Sayantara Complex, E Ward, Near Vivekanand College,Kolhapur,Maharashtra ┬Û 461 003.

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.