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Bank of Baroda

SITLAMATA INDORE BRANCH

+910221800223344

IFSC CODE
BARB0DBSITL
MICR Code 452012028
Branch Code DBSITL
City / District INDORE
State MADHYA PRADESH
Office Address 312 M G ROAD INFRONT OF ARYA SAMAJ MANDIR MALHARGANJ INDORE INDORE MADHYA PRADESH 452002
Phone +910221800223344
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Bank of Baroda

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the SITLAMATA INDORE branch of Bank of Baroda, the code BARB0DBSITL ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BARB0DBSITL Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BARB" represents Bank of Baroda

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for SITLAMATA INDORE

Payment Systems Supported by BARB0DBSITL

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—452012028—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of Baroda in INDORE typically follows the RBI holiday calendar. Digital transfers via BARB0DBSITL for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BARB0DBSITL is the valid code for SITLAMATA INDORE at INDORE, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • SITLAMATA INDORE Contact
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Platform Links

  • • Anand Design DevBox
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