If you are looking to transfer money to Bank of Baroda Tekisettypalem branch in Andhra Pradesh, India, it is essential to know the IFSC code of the branch. The IFSC code is a unique 11-character alphanumeric code that identifies a particular bank branch when making an electronic funds transfer, such as a NEFT (National Electronic Funds Transfer), RTGS (Real-Time Gross Settlement), or IMPS (Immediate Payment Service) transaction.
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| Bank | BANK OF BARODA |
| IFSC | BARB0TEKISE |
| MICR Code | 533012663 |
| Branch Code | TEKISE (Last Six Characters of IFSC Code) |
| Branch | Tekisettypalem, Dist. East Godavari, Andhra Pradesh |
| City | Tekisettypalem |
| District: | Tekisettypalem |
| State | Andhra Pradesh |
| Address | Post Antarvedipalem, Dist. East Godavari, Andhra Pradesh - 533 252 |
| Phone No | +910221800223344 |
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The IFSC code for Bank of Baroda Tekisettypalem branch is BARB0TEKISE. The first four characters 'BARB' stand for the bank name, i.e., Bank of Baroda, and the fifth character is zero, reserved for future use. The last six characters 'TEKISE' represent the Tekisettypalem branch.
It is crucial to understand that the IFSC code is not the same as the branch code or MICR code. The branch code is used to identify the specific branch of a bank, while the MICR code is used for cheque clearance. On the other hand, the IFSC code is used to facilitate electronic funds transfers.
If you are not sure about the IFSC code of Bank of Baroda Tekisettypalem branch, you can easily find it on the bank's official website or the Reserve Bank of India's website. Additionally, you can also find the IFSC code on your bank account statement or cheque book.
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To initiate a money transfer to Bank of Baroda Tekisettypalem branch, make sure to double-check the IFSC code to avoid any errors or delays in the transaction. Once you have confirmed the IFSC code, you can initiate the transfer using any of the available electronic funds transfer methods, such as NEFT, RTGS, or IMPS.
NEFT is a popular electronic funds transfer method that allows customers to transfer funds from one bank account to another bank account in India. The transfer takes place in batches, and the beneficiary's account receives the money within a few hours. To make an NEFT transfer, you need to provide the following details:
- Beneficiary's name
- Beneficiary's bank account number
- Bank name and branch
- Bank's IFSC code
- Transfer amount
RTGS, on the other hand, is a real-time funds transfer system that facilitates instant interbank money transfers. The minimum amount for RTGS transactions is Rs. 2 lakh, and the transfer takes place in real-time. To make an RTGS transfer, you need to provide the following details:
- Beneficiary's name
- Beneficiary's bank account number
- Bank name and branch
- Bank's IFSC code
- Transfer amount
IMPS is another popular electronic funds transfer method that allows customers to transfer funds instantly 24x7. To make an IMPS transfer, you need to provide the following details:
- Beneficiary's name
- Beneficiary's bank account number
- Bank name and branch
- Bank's IFSC code
Mobile number or MMID (Mobile Money Identifier) of the beneficiary
Transfer amount
In conclusion, the IFSC code of Bank of Baroda Tekisettypalem branch is BARB0TEKISE, and it is crucial to know this code to facilitate electronic funds transfers to this branch. Always double-check the IFSC code before initiating a transaction to avoid any errors or delays. Additionally, make sure to choose the appropriate electronic funds transfer method that suits your requirements and the transfer amount.