Bank of Baroda (BoB) IFSC Code

Bank of Baroda IFSC Code

Bank of Baroda (BoB) is the second largest Indian bank in the country which had its headquarters in Vadodara, Gujarat in India and its corporate office is in the financial capital of the country, Mumbai.

Bank of Baroda was founded by the Maharaja of Baroda, Maharaja Sayajirao Gaekwad III in July 1908 in the Princely State of Baroda, in Gujarat.

Many of the other banks were also merged with BoB, which are as follows:

  • Hind Bank Ltd (1958)
  • New Citizen Bank of India Ltd (1961)
  • Surat Banking Corporation (1963)
  • Tamil Nadu Central Bank (1964)
  • Umbergaon People Bank (1964)
  • Traders Bank Limited (1988)
  • Bareilly Corporation Bank Ltd (1998)
  • Benares State Bank Ltd (2002)
  • South Gujarat Local Area Bank Ltd (2004)
  • Memon Cooperative Bank Limited (2011)

Some of the highlights of Bank of Baroda are:

Type – Public

Industry – Banking and Finance

Number of Branches – 5481branches

Owner – Government of India

Products and Services offered by Bank of Baroda

This bank provides a bouquet of products and services which are as follows:

  1. Bank of Baroda Credit Cards
    • BoB Card Signature
    • BoB Card Platinum
    • BoB Card Titanium
    • BoB Card Corporate Premium
    • Co-Branded Card
    • Credit Card Statement
  2. Bank of Baroda Interest Rates on Savings Account
    • Baroda Centenary Savings Account
    • Savings Bank Account
    • Baroda Basic Savings Account
    • Super Savings Account
    • Baroda Salary Advantage Saving Account
    • Baroda Bachat Mitra
    • Baroda Pensioners Savings Bank Account
    • Baroda Jeevan Suraksha Savings Bank Account
  3. Bank of Baroda Fixed Deposit Account
    • Fixed Deposit Rates on Short – terms
    • Fixed Deposit Rates on Medium and Long Terms
    • Fixed Deposit Rates for Senior Citizens
  4. Bank of Baroda Home Loans
    • Baroda Home Loan Advantage
    • Baroda Pre Approved Home Loan
    • Baroda Home Loan Suraksha Personal Loan
  5. Bank of Baroda NRI Services
    • Foreign Currency Linked Rupee Deposits (FCLR) Schemes
    • Foreign Currency Denominated Non-Resident Fixed Deposits (FCNR – FD)
    • Non – Resident External (NRE) (RUPEE) Savings Account
    • Baroda Premium Non – Resident External (NRE) Savings Bank Account
    • Non – Resident External (NRE) (RUPEE) Current Account
    • Non – Resident External (NRE) (RUPEE) Fixed Deposits
    • Non – Resident Ordinary Rupee Savings Account (NRO – SB)
    • Non – Resident Ordinary Rupee Current Account (NRO – CA)
    • Non – Resident Ordinary (NRO) (RUPEE) Fixed Deposits
    • Resident Foreign Currency Account for NRIs
    • Resident Foreign Currency (Domestic) Account
    • Rupee Linked Foreign Currency Deposit (RLFCD) Scheme for NRIs
  6. Bank of Baroda Internet Banking
    • Immediate transfer of funds
    • Payment of direct and indirect taxes
    • Receive account statements
    • Payment of utility bills like electricity, mobile etc.
    • Payment of school fees
    • Booking rail tickets
  7. Bank of Baroda Loans
    • Auto loan
    • Two-wheeler loan
    • Car loan to NRI
    • Personal Loan
    • Education Loan
    • Mortgage loan
    • Trader’s loan
    • Baroda loan to pensioners
    • Baroda Ashray etc.
    • Home Loan

IFSC Code of Bank of Baroda

IFSC Code is an 11-digit code assigned by the Bank of Baroda (BoB) to every bank as a part of NEFT / RTGS.

In IFS Code

  1. First four characters identify the bank name i.e. BARB
  2. The fifth character is always 0
  3. And the last character represents the branch address i.e. PASVIH
[The IFS code used in above example is of Paschim Vihar, New Delhi i.e., “BARB0PASVIH”].

Leave a Reply

Your email address will not be published. Required fields are marked *