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Barclays Bank

RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.

These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take Barclays Bank IFSC code: "BARC0INBBIR" - IFSC Code of Barclays Bank branch in Dr. Annie Besant Road, Worli, Maharashtra. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Barclays Bank account or to other bank accounts.

  • Here, the first four alphabets, BARC, indicate the bank name, i.e., Barclays Bank.
  • The fifth digit is 0 (zero) - provided for future use.
  • The last six digits INBBIR - denotes a particular branch of Dr. Annie Besant Road, Worli, Maharashtra.

The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another through electronic Instant Mobile Money Transfer service (IMPS), and Centralized Funds Management System (CFMS) instructed by RBI.

RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via, NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Barclays Bank IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Barclays Bank.

The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for Barclays Bank branches throughout India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for Barclays Bank. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Barclays Bank Branch Details

ABOUT BARCLAYS BANK

  • Barclays Bank was started by two goldsmith bankers (John Freame and Thomas Gould) in Lombard Street in the City of London in 1690. In 1736, Freame's son, Joseph took his brother-in-law, James Barclay as a partner which led to the bank name as Barclays Bank and the name remained a constant presence till now.
  • Barclays was built over centuries. Its longevity is an extraordinary achievement, especially against the backdrop of multiple financial crises, international conflicts, and the agricultural, industrial and now technological revolutions.
  • This story is best told through its rich archive of photographs, ledgers, letters, minute books, equipment and a range of, in some cases unexpected, curiosities housed in the Barclays Group Archives in Manchester, UK. The material in these archives is unique, irreplaceable and priceless. They don't just tell the story of Barclay's businesses around the world, they also communicate the strength and depth of the Values that have underpinned Barclays from the very beginning.
  • In India, Barclays plc is one of the largest UK employers and employs over 23,000 people spread across its banking, technology and shared services operations.
  • In 1990, Barclays Bank plc, which had a branch presence in India, achieved market leading positions in its chosen lines of business that include Corporate Banking & Investment Banking. Barclays has been a top 5 arranger of domestic debt since 2010 and a top 3 arranger of offshore bonds in 2012. Barclays' commitment to growing it's India franchise is best demonstrated by the over $800 million of capital it has invested in the bank in India, among the largest capital commitments by any foreign bank.
  • Wealth & Investment Management, which operates through Barclays Securities & Investments Pvt Ltd (BSIPL), has attained a leading position within just five years of being set up and has been voted the Best Private Bank in India by The Asset for three years in a row.
For further details contact Barclays Bank located at Ceejay House,
6th Floor,
Shivsagar Estate,
Dr. Annie Besant Road,
Worli - 400018, India.
phone number: 022-67196000.

Barclays Bank Maharashtra Branch IFSC Code