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 Kongaon, Mh branch in Thane, Kongaon, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0KONGAO. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Kongaon, Mh, Thane

Here are the key points that are associated with the IFSC Code BARB0KONGAO of Bank Of Baroda for its branch located in Thane, within the district of Kongaon in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0KONGAO
Branch Kongaon, Mh
City Thane
District Kongaon
State Maharashtra
Address Patil Wada,Nr Thane Jilha Sahakari Bank,Kongaon,Tal Bhiwandi, Thane Maharashtra - 421311

These details helps users in online banking and for businesses and individuals who use Bank Of Baroda in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0KONGAO for the Kongaon, Mh 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 Kongaon, Mh, Thane, Maharashtra, are given a unique IFSC like BARB0KONGAO to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Bank Of Baroda in Kongaon, Mh goes to the correct branch. This is important because Bank Of Baroda has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code BARB0KONGAO

This is the format of the IFSC Code for banks, including Bank Of Baroda, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of Baroda, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kongaon, Mh in Thane.

For example, the IFSC Code BARB0KONGAO of Bank Of Baroda for the Kongaon, Mh branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0KONGAO of Bank Of Baroda for its Kongaon, Mh branch located in Thane, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Bank Of Baroda branches in Thane and Kongaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Baroda and go to the branch locator section. Then search for Kongaon, Mh or Thane to find the exact IFSC Code BARB0KONGAO.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Baroda and Thane will provide accurate information.

How to Use IFSC Code BARB0KONGAO for Online Transfers?

If you have the IFSC Code BARB0KONGAO for the Kongaon, Mh branch of Bank Of Baroda in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0KONGAO. 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 BARB0KONGAO.

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 Kongaon, Mh in Thane, 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 Kongaon, Mh, 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 Thane to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda Kongaon, Mh Thane?

The IFSC Code of the Kongaon, Mh Thane branch is BARB0KONGAO.

Is IFSC Code BARB0KONGAO 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 Kongaon, Mh branch?

The branch is located at Patil Wada,Nr Thane Jilha Sahakari Bank,Kongaon,Tal Bhiwandi, Thane Maharashtra - 421311.

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.