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 Mathavaram branch in Thiruvallur, Madavaram, Tamil Nadu, 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 Thiruvallur or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code BARB0VJMVRM. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Baroda, Mathavaram, Thiruvallur

Here are some of the key details that come with the IFSC Code BARB0VJMVRM of Bank Of Baroda for its branch located in Thiruvallur, within the district of Madavaram in the state of Tamil Nadu.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0VJMVRM
Branch Mathavaram
City Thiruvallur
District Madavaram
State Tamil Nadu
Address No194, , Bazaar Street, Madhavaram, , Chennai , Mathavaram , 600060

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Baroda in Thiruvallur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code BARB0VJMVRM for the Mathavaram branch of Bank Of Baroda is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Baroda located in Mathavaram, Thiruvallur, Tamil Nadu, is provided a unique IFSC like BARB0VJMVRM so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Baroda branch in Thiruvallur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Thiruvallur and Madavaram.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Baroda in Mathavaram do not get misguided to another person.

Format of the IFSC Code BARB0VJMVRM

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 Mathavaram in Thiruvallur.

For example, the IFSC Code BARB0VJMVRM of Bank Of Baroda for the Mathavaram branch includes these elements, identifying the bank and the branch location in Thiruvallur and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0VJMVRM of Bank Of Baroda for its Mathavaram branch located in Thiruvallur, 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 Thiruvallur and Madavaram, 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 Mathavaram or Thiruvallur to find the exact IFSC Code BARB0VJMVRM.

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 Thiruvallur will provide accurate information.

How to Use IFSC Code BARB0VJMVRM for Online Transfers?

Once you have the IFSC Code BARB0VJMVRM for the Mathavaram branch of Bank Of Baroda in Thiruvallur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code BARB0VJMVRM. 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 BARB0VJMVRM.

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 Mathavaram in Thiruvallur, 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 Mathavaram, 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 Thiruvallur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Baroda in Mathavaram, Thiruvallur?

The IFSC Code is BARB0VJMVRM.

Is the IFSC Code BARB0VJMVRM permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Baroda Mathavaram?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Mathavaram branch?

The address of the branch is No194, , Bazaar Street, Madhavaram, , Chennai , Mathavaram , 600060 located in Thiruvallur, Madavaram, Tamil Nadu.

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.