There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Barclays Bank for its Barclays Bank branch in Mumbai, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Barclays Bank situated in Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code BARC0INBBSB. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Barclays Bank, Barclays Bank, Mumbai
Below in the table are the key details related to IFSC Code BARC0INBBSB of Barclays Bank for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Barclays Bank |
| IFSC Code | BARC0INBBSB |
| Branch | Barclays Bank |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | 801-808 Ceejay House,08Th Floor Shivsagar Estate,Dr Annie Besant Road,Worli, Mumbai 400 018,India |
These details help users in online banking and for businesses and individuals who use Barclays Bank in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BARC0INBBSB for the Barclays Bank branch of Barclays Bank 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 BARC0INBBSB is given to every bank branch, including Barclays Bank located in Barclays Bank, Mumbai, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Barclays Bank branch in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Barclays Bank in Barclays Bank doesn't end up at another location.
Format of the IFSC Code BARC0INBBSB
The format of the IFSC Code for banks, including Barclays Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Barclays Bank, 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 Barclays Bank in Mumbai.
For example, the IFSC Code BARC0INBBSB of Barclays Bank for the Barclays Bank branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Barclays Bank?
If you are trying to find the IFSC Code BARC0INBBSB of Barclays Bank for its Barclays Bank branch located in Mumbai, the following methods can help:
Cheque Book
The cheque books that are issued by Barclays Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Barclays Bank branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Barclays Bank and find the branch locator section. Search for Barclays Bank or Mumbai to get the exact IFSC Code BARC0INBBSB.
Mobile Banking App
If you use Barclays Bank's mobile app, you can easily 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 to help you in searching for Barclays Bank and Mumbai that will provide accurate information.
How to Use IFSC Code BARC0INBBSB for Online Transfers?
Once you have the IFSC Code BARC0INBBSB for the Barclays Bank branch of Barclays Bank in Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BARC0INBBSB. 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 Barclays Bank IFSC Code BARC0INBBSB.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Barclays Bank Barclays Bank in Mumbai, 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 Barclays Bank in Barclays Bank, 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 Barclays Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BARC0INBBSB.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 801-808 Ceejay House,08Th Floor Shivsagar Estate,Dr Annie Besant Road,Worli, Mumbai 400 018,India located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.