Following are the IFSC Code Details of Mumbai Branch Barclays Bank Mumbai BARC0INBB01

Which Bank IFSC Code is BARC0INBB01?

IFSC Code BARC0INBB01 belongs to Branch Name: Rtgs-Ho of Barclays Bank located at 801-808 Ceejay House,08Th Floor Shivsagar Estate,Dr Annie Besant Road,Worli, Mumbai 400 018,India

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Barclays Bank:

It’s important to clarify that Barclays Bank no longer operates directly in India as a retail bank. However, it maintains a presence in the country through its Barclays Plc entity,

Here are some of the key features of Barclays Bank:

• Presence: Barclays Plc operates in India through various subsidiaries and offices, not under the “Barclays Bank” brand.
• Focus: Key activities include corporate banking, investment banking, and wealth management.
• Not offering retail banking services: You won’t find physical branches or typical personal banking products like savings accounts or loans for individuals in India.