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 Thakurdwar Branch branch in Thakurdwar, Thakurdwar, Maharashtra, 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 Thakurdwar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0THAKUR. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Baroda, Thakurdwar Branch, Thakurdwar
Here are the key points that are associated with the IFSC Code BARB0THAKUR of Bank Of Baroda for its branch located in Thakurdwar, within the district of Thakurdwar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Baroda |
| IFSC Code | BARB0THAKUR |
| Branch | Thakurdwar Branch |
| City | Thakurdwar |
| District | Thakurdwar |
| State | Maharashtra |
| Address | Thakurdwar Branch,380/82, Smruti J.S.S.Road, Chira Bazar,,Mumbai,400002 |
These details help users in online banking and for businesses and individuals who use Bank Of Baroda in Thakurdwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0THAKUR for the Thakurdwar Branch branch of Bank Of Baroda has a very important 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 BARB0THAKUR is given to every bank branch, including Bank Of Baroda located in Thakurdwar Branch, Thakurdwar, Maharashtra, 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 Thakurdwar.
- 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 Thakurdwar and Thakurdwar.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Baroda in Thakurdwar Branch doesn't end up at another location.
Format of the IFSC Code BARB0THAKUR
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 Thakurdwar Branch in Thakurdwar.
For example, the IFSC Code BARB0THAKUR of Bank Of Baroda for the Thakurdwar Branch branch includes these elements, identifying the bank and the branch location in Thakurdwar and Maharashtra accurately.
How to Find IFSC Code for Bank Of Baroda?
If you are trying to find the IFSC Code BARB0THAKUR of Bank Of Baroda for its Thakurdwar Branch branch located in Thakurdwar, 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 Thakurdwar and Thakurdwar, 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 Thakurdwar Branch or Thakurdwar to get the exact IFSC Code BARB0THAKUR.
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 Thakurdwar, you'll get the correct details.
How to Use IFSC Code BARB0THAKUR for Online Transfers?
Once you have the IFSC Code BARB0THAKUR for the Thakurdwar Branch branch of Bank Of Baroda in Thakurdwar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARB0THAKUR. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Baroda IFSC Code BARB0THAKUR.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Baroda Thakurdwar Branch in Thakurdwar, it can 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 Thakurdwar Branch, 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 Thakurdwar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARB0THAKUR.
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 Thakurdwar Branch,380/82, Smruti J.S.S.Road, Chira Bazar,,Mumbai,400002 located in Thakurdwar, Thakurdwar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.