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Bank of Baroda

RAKHOLI, SILVASSA ,UT,DADRA NAGER HAVELI BRANCH

+910221800223344

IFSC CODE
BARB0RAKHOL
MICR Code 396012552
Branch Code RAKHOL
City / District RAKHOL
State DADAR AND NAGAR HAVELI
Office Address SHOP NO. 11, 12, 13, 14, RATAN COMPLEX, FIRST FLOOR, OPPOSITE GOVT. HIGH SCHOOL,AT PO RAKHOLI,SAYLE ROAD,SILVASSA(UT),DADRA & NAGER HAVELI 396230
Phone +910221800223344
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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 RAKHOLI, SILVASSA ,UT,DADRA NAGER HAVELI branch of Bank of Baroda, the code BARB0RAKHOL 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 BARB0RAKHOL 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 RAKHOLI, SILVASSA ,UT,DADRA NAGER HAVELI

Payment Systems Supported by BARB0RAKHOL

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—396012552—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 RAKHOL typically follows the RBI holiday calendar. Digital transfers via BARB0RAKHOL 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 BARB0RAKHOL is the valid code for RAKHOLI, SILVASSA ,UT,DADRA NAGER HAVELI at RAKHOL, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

  • • RAKHOLI, SILVASSA ,UT,DADRA NAGER HAVELI Contact
  • • Address of Bank of Baroda
  • • MICR Code Finder
  • • DADAR AND NAGAR HAVELI Banking Circle

Platform Links

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  • • IFSC Finder v2.0

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