Select Branch for Bank Of Baroda in Mumbai, Maharashtra
Choose a branch to view IFSC code and details
A R M B,mumbai
BARB0VJAMUM
3 RD FLOOR,18B ROHIT CHAMBERS , JANMABHOOMI MARG, FORT , MUMBAI , MUMBAI , 400001
Airport Authority Of India,mumbai
BARB0VJAPMU
MUMBAI
Andheri
BARB0VJANDH
1/B ALKA CHAMBER,S V ROAD,ANDHERI WEST-400058
Ashokvan,borivali East,mumbai
BARB0ASHOKV
SHREE SHANKESHWAR,SHOP NO.1 &3 TO 7,J WING,GROUND FLOOR,OPP. NATIONAL EXPRESS,HIGHWAY ASHOKVAN,BORIVALI EAST,MUMBAI,MAHARASHTRA 400050.
Asset Recovery Branch, Mumbai
BARB0DBAMUM
DENA BANK BHAVAN GROUND FLOOR31 3RD PASTA LANECOLABA MUMBAI MUMBAI MAHARASHTRA 400005
Bandra East Branch
BARB0BAEAST
GROUND FLOOR, RNA CORPORATE PARK, NEAR COLLECTOR OFFICE, KALANAGAR, BANDRA EAST
Bcms Virtual Branch Four
BARB0CMSVBD
BANK OF BARODA , E-DENA BUILDING , 2ND FLOOR , 17 B , HORNIMOL CIRCLE , FORT, MUMBAI 400026
Bcms Virtual Branch One
BARB0CMSVBA
BANK OF BARODA , E-DENA BUILDING , 2ND FLOOR , 17 B , HORNIMOL CIRCLE , FORT, MUMBAI 400023
Bcms Virtual Branch Three
BARB0CMSVBC
BANK OF BARODA , E-DENA BUILDING , 2ND FLOOR , 17 B , HORNIMOL CIRCLE , FORT, MUMBAI 400025
Bcms Virtual Branch Two
BARB0CMSVBB
BANK OF BARODA , E-DENA BUILDING , 2ND FLOOR , 17 B , HORNIMOL CIRCLE , FORT, MUMBAI 400024
Bhat Bazar,mumbai
BARB0DBBBAZ
240242 LALJI RAMJI BUILDINGNARSI NATHA STREETBHATBAZAR MUMBAI MUMBAI MAHARASHTRA 400009
Borivali West
BARB0VJBORW
NO 6 PREMNAGAR,MANDAPESHWAR ROADBORIVALI WEST-400092
C M S B,mumbai
BARB0VJCMSB
ROHIT CHAMBERS,GR.FLOOR , S A BRELVI ROAD, FORT , MUMBAI , MUMBAI , 400001
Captial Market , Mumbai
BARB0DBCAPI
17HORNIMAN CIRCLEMUMBAI MAIN OFFICE FORT MUMBAI MUMBAI MAHARASHTRA 400023
Cbb-i,mumbai
BARB0VJBMUM
EXCELSIOR BLDG , WALLACE STREET, FORT , MUMBAI , MUMBAI , 400001
Cbb-ii,mumbai
BARB0DBCORB
DENA BANK BUILDING NO3GROUND FLOORHOMJI STREET 17 HORNIMAN CIRCLEFORT MUMBAI MUMBAI MAHARASHTRA 400023
Cbb-ii,mumbai
BARB0VJBNAR
GROUND FLOOR MAKER CHAMER IV , 222, NARIMON POINT , MUMBAI , MUMBAI , 400021
Cbb-iii, Mumbai
BARB0VJBFOR
289, EMCA HOUSE, , SAHEED BHAGAT SINGH MARG , FORT , MUMBAI , 400001
Chakala-midc Andheri E
BARB0VJCHMU
GALA NO.C1, CHAKALA , , CARDICAL GRACIOUS ROAD , ANDHERI E, MUMBAI , MUMBAI , 400099
Chirabazar
BARB0VJCHBZ
GROUND FLOOR,6066 , BABU GENU ROAD KALABADEVI , MUMBAI , MUMBAI , 400002
Colaba
BARB0DBCOLA
DENA BANK BHAVAN2ND PASTA LANE32 SBS ROAD COLABA CAUSWAY MUMBAI MUMBAI MAHARASHTRA 400005
Colaba
BARB0VJCOLA
29,CLOVER APMTS , OPPHOTEL PRESIDENT CUFFE PARADE , MUMBAI , MUMBAI , 400005
Dongri
BARB0DBDGRI
181SHIVDAS CHAMPSI ROADDONGRI MUMBAI MUMBAI MAHARASHTRA 400009
Excelsior
BARB0VJEXCE
P B NO 805 , EXCELSIOR BUILDING, RAVELINE STREET , MUMBAI , MUMBAI , 400001
Fort
BARB0VJFORT
289,E M C A HOUSE , S B SINGH MARG FORT , MUMBAI , MUMBAI , 400001
Gamdevi
BARB0VJGAMD
P B NO 4055 , DHARAM PALACE , N S PATKAR MARG , MUMBAI , MUMBAI , 400007
JuiNagar,navi Mumbai
BARB0JUINAG
BHAKTI RESIDENCY,SHOP NO 1 TO 4,PLOT NO 6,SECTOR 11,OPP JUINAGAR RAILWAY STATION,NAVI MUMBAI,MAHARASHTRA-400706.
Kandivili-w
BARB0VJKANW
PANCHSHEEL HEIGHTS , 90 FT ROAD,MAHAVEER NAGAR, KANDIVILIW, , MUMBAI , MUMBAI , 400067
Khodad Circle Mumbai
BARB0DBKDAD
KHODADAD CIRCLE IMPERIAL MAHALDADAR MUMBAI MUMBAI MAHARASHTRA 400014
Lalbaug, Mumbai
BARB0DBLALB
2127 15HIRAMANI SUPER MARKETDRBAROADDRSSRAO ROAD JUNCTION LALBAUG MUMBAI MUMBAI MAHARASHTRA 400012
Maheswari Udyan Matunga
BARB0DBMATU
467AVORA BHUVANMATUNGACRLY MUMBAI MUMBAI MAHARASHTRA 400019
Mahim
BARB0DBMAHM
SOLITUDE BLDG TPS IIIB K MARG MAHIM MUMBAI MUMBAI MAHARASHTRA 400016
Mahim
BARB0VJMAHM
ARADHANA , LADY JAMSHEDJI ROAD, MAHIM , MUMBAI , MUMBAI , 400016
Malabar Hill
BARB0DBMLBA
GROUND FLOOR NAV KRISHNA KUNJ CHS LTD212 WNEAR WALKESHWAR BUS STOP MUMBAI MUMBAI MUMBAI MAHARASHTRA 400006
Malad West Branch
BARB0MALADX
SHANTHINATH SHOPPING CENTRE,FRIST FLOOR,S.V. ROAD MALAD WEST,MUMBAI -400064.
Mandvi
BARB0VJMAVI
7781,AVSAR BLDG , KAZI SYED STREET, MANDVI , MUMBAI , MUMBAI , 400003
Matungae
BARB0VJMATU
211,E,DINESH MAHAL , DR.AMBEDKAR ROAD, MATUNGA E , MUMBAI , MUMBAI , 400019
Mazgaon
BARB0DBMAZG
PRABHATGRFLOORNESBIT ROADMAZGAON MUMBAI MUMBAI MAHARASHTRA 400010
Mid Corporate Cluster Office
BARB0MIDMUW
1ST FLOOR BANK OF BARODA BUILDING 12 MUMBAI SAMCHAR MARG FORT
Mid Corporate Jogeshwari West
BARB0MIDJOW
1ST FLOOR, BLOSSOM PARK CHSL, OPP FAROOQ SATTAR HIGH SCHOOL ,400102
Mid Corporate, Mumbai
BARB0MIDBOM
105, 10TH FLOOR,MAKER CHAMBER 3,NARIMAN POINT,MUMBAI,MAHARASHTRA 400020.
Midcorporate ,bandra( W),mumbai
BARB0MIDBDR
6 MEGHDOOT BLDG,J NO FLINKING & TURNER ROAD,BANDRA WEST,MUMBAI,MAHARASHTRA-400050.
Mountpoinsur-mumbai
BARB0POINSU
MOUNT POINSUR BRANCH I.C.COLONY MAIN ROAD, MUMBAI-400103
Mumbai University
BARB0UNIMUM
UNIVERSITY OF MUMBAI CST ROAD VIDYA NAGARI KALINA SANTACRUZ EAST MUMBAI MAHARASTRA 400098
Nach Cell Mumbai
BARB0NACHMU
LAXMI BUILDING, 2ND FLOOR SIR PM ROAD,400001
Nagdevi
BARB0DBNDEV
181 NAGDEVI STREETMUMBAI400003 MUMBAI MUMBAI MAHARASHTRA 400003
Napean Sea Road
BARB0DBNEAP
SWAPNA LOKLJMARGNAPEAN SEA ROAD MUMBAI MUMBAI MAHARASHTRA 400026
New Cuffe Parade Branch
BARB0NEWCUF
LODHA COMPLEX WADALA LODHA OAKWOOD SCHOOL OFF EASTERN FREEWAY WADALA EAST MUMBAI 400037
New Marine Lines
BARB0DBNMAR
SHARADA CHAMBERS33NEW MLINES MUMBAI MUMBAI MAHARASHTRA 400020
Newgamdevi, Mumbai
BARB0DBGDEV
17 CHANDRA BHUWAN PANDITA RAMABAI MARGNEW GAMDEVI MUMBAI MUMBAI MUMBAI MAHARASHTRA 400007
Overseas,mumbai
BARB0VJOMUN
P B NO 11675 , MAKER CHAMBERS IV, 222,NARIMAN POINT , MUMBAI , MUMBAI , 400021
Parel, Mumbai
BARB0DBPARE
MADINA MANZIL88DRAMBEDKAR ROADPAREL MUMBAI MUMBAI MAHARASHTRA 400012
Pbb
BARB0PBBMUM
PBB,MUMBAI BRANCH,BARODA HOUSE,42,CAWASJI PATEL STREET FORT,MUMBAI-400001,400001
Peddar Road
BARB0DBPEDD
219SHANTI22PEDDAR ROADAJUMAL MANSION MUMBAI MUMBAI MAHARASHTRA 400026
Powai-bombay Branch
BARB0POWBOM
POWAI-BOMBAY BRANCH,'CYPRESS'A, HIRANANDANI GARDENS, POWAI,,MUMBAI,400076
Prabhadevi Branch
BARB0PRABHA
PRABHADEVI BRANCH,KAMANA CO-OP HSG SOCY.,S.K.BOLE ROAD,PRABHADEVI,MUMBAI,400028
Prabhadevi Mumbai
BARB0DBPRAB
13PRABHADEVI INDUSTRIAL ESTATEPRABHADEVI MUMBAI MUMBAI MAHARASHTRA 400025
Princess St. Branch
BARB0PRINCE
PRINCESS ST. BRANCH,185/187,MULJI JETHA BLDG. PRINCESS STREET,MUMBAI,400002
R R Dadar
BARB0DBDRRD
NAVPRABHAT CHAMBERS GROUND FLOORRANADE ROADDADAR(WEST) MUMBAI MUMBAI MAHARASHTRA 400028
Rabale, Navi Mumbai
BARB0RABALE
P - 51/1 TTC INDUSTRIAL AREA, RABALE MIDC, NAVI MUMBAI, MAHARASHTRA - 400 701
Regional Office, Mmnr
BARB0ROBOMW
3RD FLR,BARODA HOSE
Regional Sarb Mmwr
BARB0SARMMW
6TH FLOOR BARODA HOUSE BEHIND DIWAN SHOPPING CENTRE S V ROAD
Regional Sarb Mumbai
BARB0SARMMS
17B 3RD FLOOR HORNIMAN CIRCLE EDENA BUILDING MUMBAI 400023
Sachivalaya Corner
BARB0DBSACH
THE BEACONMADAM KAMA ROADSACHIVALAYA CORNER MUMBAI MUMBAI MAHARASHTRA 400021
Sakinaka Branch
BARB0SAKINA
SAKINAKA BRANCH,J.P.HOUSE,M.V.ROAD,SAKI NAKA,MUMBAI,400072
Sandhurst Bridge
BARB0DBSMUM
434DR BHADKAMKAR RDSANDHURST BRIDG MUMBAI MUMBAI MAHARASHTRA 400004
Sanpada Br., Navi Mumbai, Maharashtra
BARB0SANPAD
ELEGANT CO.OP.HSG.SOC (MAITHALI) SHOP NO 1, PLOT NO. 18D, SECTOR -14, NAVI MUMBAI, MAHARASHTRA - 400 705.
Santacruz(e) Branch
BARB0SANEAS
SANTACRUZ(E) BRANCH,PUSHPA KUNJ, NEHRU ROAD, SANTACRUZ (EAST),MUMBAI,400055
Santacruz(w) Branch
BARB0SANWES
SANTACRUZ(W) BRANCH,INDRAYANI BLDG.,JUHU ROAD,SANTACRUZ (WEST),MUMBAI,MUMBAI,400054
Service Branch
BARB0COBOMX
FORT, 10 BY 12,SAMACHAR MARG MUMBAI 400001
Shimpoli Branch
BARB0SHIBOR
SHIMPOLI BRANCH,JALARAM APARTMENT,SHIMPOLI ROAD,BORIVLI(W),BORIVLI MUMBAI,400092
Shivaji Park
BARB0DBDADR
JITKAR HOUSE 15 A CADEL ROADNORTH SHIVAJI PARK DADAR MUMBAI MUMBAI MAHARASHTRA 400028
Shivaji Park Branch
BARB0SHIBOM
SHIVAJI PARK BRANCH,SWEET HOME, L.J.ROAD, MAHIM,MUMBAI,400016
Sion Branch
BARB0SIONXX
SION BRANCH,36 SION HOUSE SION KURLA ROAD SION MUMBAI 36 SI,MUMBAI,400022
Sion Circle
BARB0SIONCI
43/B, PREM KUNJ, MAHARANI LAXMIBAI CHOWK, SION CIRCLE
Sion,mumbai
BARB0DBSION
PREM KUNJMAHARANI LAXMIBAICHOWK43BSION CIRCLE MUMBAI MUMBAI MAHARASHTRA 400022
Sir P M Road Branch
BARB0SIRPMR
SIR P M ROAD BRANCH,LAXMI INSURANCE BLDG, GROUND FLOOR, SIR P M ROAD,MUMBAI,400001
Sme Branch Jogeshwari West
BARB0SMEJOW
MUMBAI 1 ST FLOOR, BARODA HOUSE,BEHIND DEEWAN SHOPPING CENTRE,400102
Specialized Portfolio Asset Branch Mumbai
BARB0PABMUM
GROUND FLOOR UNIT NO TWO INZIO BLDG CARDINAL GRACIOUS ROAD
Stressed Asset Management
BARB0SAMMUM
1ST FLOOR DENA BUILDING MMOBANK OF BARODA FORT MUMBAI 400001
SunderNagar, Goregaon (w), Mumbai
BARB0SUNGOR
GROUND FLOOR NEW EDUCATIONAL COMPLEX BLDG. S V ROAD GOREGAON (W) MUMBAI
Sunmill Compound
BARB0DBSUNX
111213SUN INDESTATESUN MILL COMPOUNDLOWER PAREL MUMBAI MUMBAI MAHARASHTRA 400013
Tardeo
BARB0DBTARD
811AEVERESTTARDEO ROAD MUMBAI MUMBAI MAHARASHTRA 400034
Tardeo Road Branch
BARB0TARDEO
TARDEO ROAD BRANCH,EVEREST,TARDEO ROAD,MUMBAI,400034
Thakur Complex Kandivali East
BARB0KAEAST
16 A BY B BY C VAISHNAV VILLA THAKUR COMPLEX ROAD THAKUR COMPLEX KANDIVALI EAST MUMBAI 400101
Thakur Village, Mumbai
BARB0THAVIL
KRISHNA VASANT SAGAR SHOP NO.20,21,22,23, GROUND FLOOR, THAKUR VILLAGE, KANDIVLI (E),MUMBAI 400101
Thakurdwar
BARB0DBTHAK
322DENAWADISSRDTHAKURDWAR MUMBAI MUMBAI MAHARASHTRA 400002
Thane West Branch
BARB0THANAX
SHRUSHTI PRIDE,DATTA PRASANNA BUILDING,OPP RAJMATA WADA PAV,RAM MARUTI ROAD,THANE W 400602
Thane-east Branch
BARB0THAEAS
THANE-EAST BRANCH,RATAN HOUSE, PAI ROAD, KOPRI COLONY,,THANE (EAST),400603
Tilak Nagar
BARB0TILCHE
SHOP NO.1 TO 4,BUILDING NO.27,ANIRUDH BAHARAT KHAND CHS,TILAK NAGAR,CHEMBUR,MUMBAI,MAHARASHTRA 400089.
Turbhe Branch
BARB0TURBHE
TURBHE BRANCH,K-37/38,APMC MARKET ,PHASE-2,TURBHE,NAVI MUMBAI,400703
UlhasNagar Branch
BARB0ULHASN
ULHASNAGAR BRANCH,BLOCK A 55, NEHRU CHOWK, ULHASNAGAR,ULHASNAGAR.,421002
UlhasNagar Mumbai
BARB0SAIULH
SAIPLAZA OPPOSITE BHAGWAN HOSPITAL, OLD BUS DEPOT, ULHASNAGAR, SECTOR-5, THANE, MUMBAI-421005
Usage At Cbs Branches
BARB0COREBK
BARODA CORPORATE CENTRE, BANDRA KURLA COMPLEX, MUMBAI
V.p.road-bom Branch
BARB0VPROAD
V.P.ROAD-BOM BRANCH,136,ISHWAR NIWAS,SICCA NAGAR, V P ROAD,MUMBAI,400004
Vashi Branch
BARB0VASHIX
VASHI BRANCH,BIG SPLASH, SECTOR 17, VASHI,NAVI MUMBAI,400703
VeenaNagar Branch
BARB0VEEBOM
VEENANAGAR BRANCH,SHRI KRISHNA DHAM BLDG L.B.S.MARG MULUND(WEST),MUMBAI,400080
Versova-bom. Branch
BARB0VERSOV
VERSOVA-BOM. BRANCH,MANISH SHOPPING CENTRE ,J P RD FOUR BUNGALOW ANDHERI,MUMBAI,400053
Vile Par Est Branch
BARB0VILEAS
VILE PAR EST BRANCH,"NITIN NIWAS", 47, M.G. ROAD, VILE PARLE (EAST),,MUMBAI,400057
Vile Par Wst Branch
BARB0VILWES
VILE PAR WST BRANCH,SOMAIYA SADAN D. J. ROAD VILE PARLE (WEST),MUMBAI,400056
Vile Parle West
BARB0VJVILE
PLOT NO 5 TPS III LANDMARKS BEASANT ROAD OPP RAILWAY STATION, MUMBAI, MAHARASTRA-400056
Wadala
BARB0VJWADA
OPP. SIWS COLLEGE , NKES SCHOOL BLDG I D BHUWA MARG, WADALAW , MUMBAI , MUMBAI , 400031
Wadala, Mumbai
BARB0DBWADA
RAJKAMAL247STATION ROADWADALA MUMBAI MUMBAI MAHARASHTRA 400031
Walkeshwar Branch
BARB0WALKES
MBSS TRUST BLDG 59 WALKESHWAR RD
Worli
BARB0DBWORL
TULSI VIHARDR ANNIE BESANT ROAD WORLI MUMBAI MUMBAI MAHARASHTRA 400018
Worli
BARB0VJWORL
G4,POONAM CHAMBERS , ANNIE BESANT ROAD, WORLI , MUMBAI , MUMBAI , 400018
Worli Branch
BARB0WORLIX
135,CDC BUILDING, DR.ANNIE BEASANT ROAD,
Zaveri Bazar Branch
BARB0ZAVERI
ZAVERI BAZAR BRANCH,122, SHEIKH MEMON STREET,,MUMBAI,400002
Zaveri Branch
BARB0DBZAVE
262├╜ SHAIKH MEMON STREET MULJI JETHA BUILDING├╜├╜ ZAVERI BAZAR├╜ MUMBAI├╜ MUMBAI├╜ MAHARASHTRA├╜ 400002
What are Bank Of Baroda IFSC Codes?
The Indian Financial System Code, commonly known as the IFSC code, is an alphanumeric code crucial for the electronic transfer of funds within the Indian banking system. This code helps in identifying specific bank branches, ensuring that electronic transactions like NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), and IMPS (Immediate Payment Service) are conducted smoothly and accurately.
The IFSC code acts as a guide that directs money to the right bank branch, whether it is for a money transfer to a friend, payment of a bill, or business transactions.
How to Read the Structure of the Bank Of Baroda IFSC Code
The IFSC code is an 11-character code consisting of three distinct elements:
- First Four Characters: These letters indicate the name of the bank. For instance, the first four alphabets in the code represent the bank's name.
- Fifth Character: This is always '0' (zero) and is reserved for potential future use in the system.
- Last Six Characters: These can be either numeric or alphabetic and identify a specific branch of the bank.
Example: An IFSC code may appear as "BANK0123456." Here, "BANK" denotes the bank, and "0123456" identifies the specific branch. This unique combination ensures that each branch of every bank has a distinct identification number, allowing the precise identification of the account's location.
How to Locate an Bank Of Baroda IFSC Code
Locating an IFSC code is relatively straightforward and can be done using any of the following methods:
- Cheque Book: The cheque leaves issued by your bank carry the IFSC code, usually printed on the upper section of the leaf.
- Bank Passbook: The IFSC code is typically found on the first page of the bank passbook provided at the time of opening the account.
- Official Websites of Banks: Most banks provide a search tool on their websites that allows you to find their respective IFSC codes based on branch location or branch name.
- Online Banking Portals: IFSC codes are provided in most online banking systems, enabling customers to find the code related to their bank branch.
- Mobile Banking Apps: Many banking apps allow you to view branch details, including IFSC codes.
- RBI Website: The Reserve Bank of India maintains an official list of all banks and their respective branch IFSC codes on its website.
Importance of IFSC Code in Fund Transfers
The IFSC code plays a significant role in secure and efficient fund transfers in the following ways:
- NEFT (National Electronic Funds Transfer): The IFSC code ensures that funds are transferred accurately from one account in a bank to another account in a different bank in India.
- RTGS (Real-Time Gross Settlement): The IFSC code ensures the safety and speed of high-value transactions where money needs to be transferred at once.
- IMPS (Immediate Payment Service): An instant fund transfer service where the IFSC code directs funds to the correct branch instantly.
- Error Prevention: Accurate use of the IFSC code minimizes the chances of funds being directed to the wrong account or branch, thereby reducing errors.
Benefits of Using IFSC Code
Here are the main benefits of IFSC codes you must know:
- Increased Security: Using the correct IFSC code ensures the transaction reaches the correct branch of the bank, minimizing errors or misdirected funds.
- Faster and More Efficient: IFSC codes streamline the fund transfer process, making it faster than traditional methods.
- Universal Use: Since the IFSC code system is standardized across all banks in India, it can be used for transfers between any banks.
Procedure to Perform Bank Of Baroda Fund Transfer Using IFSC Code
Fund transfer using an IFSC code is a simple yet vital process:
- Log in Through Online Banking: Use your mobile banking app or Internet banking portal to log in to your bank.
- Fund Transfer: Select the option for fund transfer, choosing between NEFT, RTGS, or IMPS.
- Add Recipient Details: Enter the recipient's name, account number, bank name, and the IFSC code of their branch.
- Validate Details: Verify the entered details to avoid errors. Incorrect bank and IFSC details can lead to the rejection of your fund transfer request.
- Confirm Transfer: After confirmation, the money will be transferred. Depending on the mode of transfer, the amount may be transferred within a few seconds or minutes.
How to Open a Bank Of Baroda Bank Account
Opening a bank account is a simple if you have the necessary documents and meet the eligibility criteria:
Eligibility Criteria
- Any citizen over 18 years old is eligible to open a bank account.
- In the case of minors, parents or guardians can open an account on their behalf.
- Non-residents are also eligible, provided they fulfill certain conditions established by the banks.
Required Documents
- Proof of Identity: Aadhaar Card, Passport, Voter ID, or any government-issued ID.
- Proof of Address: Aadhaar Card, Passport, utility bills, or any valid document proving residence.
- PAN Card: A PAN card is required for tax compliance.
- Passport Size Photographs: Usually, two to three recent photographs are needed.
- Form 16: In certain cases where a PAN card is not available, Form 16 may be considered.
Process to Open an Account
- Visit a Bank: Visit a branch of your chosen bank, or apply online if the bank offers an online application service.
- Fill Out the Form: Complete the account opening form with your personal information.
- Submit Documents: Provide documents verifying your identity and address.
- Initial Deposit: Make an initial deposit if required by the specific type of account.
- Account Activation: Once your documents are verified, your account will be activated, and you will receive a passbook, checkbook, and debit card.
- Register for Internet and Mobile Banking: Register for Internet and mobile banking services to facilitate easy transactions.
Loan EMI Calculator: Importance and Types
For anyone taking a loan, an EMI calculator is a vital and useful tool. Based on the loan amount, interest rate, and repayment period, it assists you in calculating the monthly repayment amount. You may better manage your money and make sure the loan doesn't put a burden on your resources by using an EMI calculator. It helps you steer clear of any unpleasant shocks later on by giving you a clear image of your financial commitment.
Loan Calculators
- Loan Calculator VA: Specifically designed for VA loans, helping veterans calculate their mortgage payments.
- Loan Calculator Vehicle: Assists in determining monthly payments for vehicle loans.
- Loan Calculator 30 Year: Calculates monthly payments for a 30-year loan term.
- Loan Calculator Yearly Payment: Provides an annual breakdown of loan payments.
EMI Calculators
- EMI Calculator for Home Loan: Helps in calculating the Equated Monthly Installment (EMI) for home loans.
- EMI Calculator Us: Tailored for users in the US to compute their home loan EMIs.
- EMI Calculator on Home Loan: Another tool for calculating home loan EMIs, ensuring accurate monthly payment estimates.
Interest Calculators
- Interest calculator yearly: Calculates the annual interest on loans or investments.
SIP Calculators
- SIP Calculator India: Designed for Indian investors to calculate returns on Systematic Investment Plans (SIPs).
- SIP Calculator Return: Estimates the returns on SIP investments.
- SIP Calculator Mutual Fund: Calculates potential returns from mutual fund SIPs.
- SIP Calculator Months: Provides monthly breakdowns of SIP investments.
- SIP Calculator Online: An online tool for calculating SIP returns.
- SIP Calculator Yearly: Offers yearly projections of SIP returns.
PPF Calculators
- PPF Calculator India: Calculates returns on Public Provident Fund (PPF) investments in India.
- PPF Generator: Generates detailed reports on PPF investments.
- PPF Calculator 15 Years: Estimates returns over a 15-year period.
- PPF Calculator 30 Years: Projects returns over a 30-year period.
Conclusion
An IFSC code is an essential component of the Indian banking system, ensuring the secure electronic transfer of funds. Whether you're doing a simple NEFT transfer or a high-value RTGS transaction, the IFSC code plays an indispensable role in smooth banking operations. Knowing how to find and use this code is crucial for anyone conducting electronic transactions in India.
Frequently Asked Questions (FAQs)
IFSC stands for Indian Financial System Code. It is an 11-character alphanumeric code used to identify a specific branch of a bank in India. It is required for electronic fund transfers like RTGS and NEFT.
The IFSC code is crucial for ensuring safe and error-free transfers from one bank to another. It helps route transactions through the correct bank branch.
You can find the IFSC code on your cheque book and passbook or on your bank's official website. The Reserve Bank of India also publishes a list of IFSC codes.
Yes, the IFSC code is required to complete electronic fund transfers like NEFT, RTGS, and IMPS. Without the IFSC code, the transfer cannot be completed.
In Internet banking, the IFSC code of the beneficiary's bank and branch ensures safe and accurate transfers.
No, each branch of a bank has a unique IFSC code, making it easier to identify the specific branch for transactions.
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A Guide on How to Use a Mortgage Loan EMI Calculator
Learn how to use a mortgage loan EMI calculator step by step. Estimate monthly payments, compare loans, and plan better with accurate EMI calculations.