Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Baroda for its Umarkhed branch in Yavatmal, Umarkhed, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of Baroda located in Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code BARB0UMARKH. You should definitely 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, Umarkhed, Yavatmal

Here are the key points that are associated with the IFSC Code BARB0UMARKH of Bank Of Baroda for its branch located in Yavatmal, within the district of Umarkhed in the state of Maharashtra.

Particulars Details
Bank Bank Of Baroda
IFSC Code BARB0UMARKH
Branch Umarkhed
City Yavatmal
District Umarkhed
State Maharashtra
Address Shop No. 104, Muncipal Property House No. 129, Pusad Road, Indira Gandhi Ward, Umarkhed. Dist _X0013_ Yavatmal. Maharashtra - 445206

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Baroda in Yavatmal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARB0UMARKH for the Umarkhed branch of Bank Of Baroda has an 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 BARB0UMARKH is given to every bank branch, including Bank Of Baroda located in Umarkhed, Yavatmal, 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 Yavatmal.
  • 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 Yavatmal and Umarkhed.
  • 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 Umarkhed doesn't end up at another location.

Format of the IFSC Code BARB0UMARKH

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 Umarkhed in Yavatmal.

For example, the IFSC Code BARB0UMARKH of Bank Of Baroda for the Umarkhed branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra accurately.

How to Find IFSC Code for Bank Of Baroda?

To find the IFSC Code BARB0UMARKH of Bank Of Baroda for its Umarkhed branch located in Yavatmal, 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 Yavatmal and Umarkhed, 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 Umarkhed or Yavatmal to find the exact IFSC Code BARB0UMARKH.

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 Yavatmal will provide accurate information.

How to Use IFSC Code BARB0UMARKH for Online Transfers?

Once you have the IFSC Code BARB0UMARKH for the Umarkhed branch of Bank Of Baroda in Yavatmal, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code BARB0UMARKH. 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 BARB0UMARKH.

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 Umarkhed in Yavatmal, your payment can get delayed or might not go through at all.

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 Umarkhed, 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 Yavatmal 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 Umarkhed, Yavatmal?

The IFSC Code is BARB0UMARKH.

Is the IFSC Code BARB0UMARKH permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Umarkhed branch?

The address of the branch is Shop No. 104, Muncipal Property House No. 129, Pusad Road, Indira Gandhi Ward, Umarkhed. Dist _X0013_ Yavatmal. Maharashtra - 445206 located in Yavatmal, Umarkhed, Maharashtra.

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.