Use this page as a one-stop reference for everything related to The Baramati Sahakari Bank Limited's branch in , MAHARASHTRA. The branch's IFSC code BARA0000016 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for The Baramati Sahakari Bank Limited – is BARA0000016. The first four letters BARA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000016 map to this branch in , MAHARASHTRA.
About the bank
The Baramati Sahakari Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its branch in , Maharashtra is part of this network and uses the IFSC code BARA0000016 for all electronic settlement.
Branch details at a glance
| Bank Name | The Baramati Sahakari Bank Limited |
|---|---|
| IFSC Code | BARA0000016 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SAISATYAM HEIGHTS, 27 B BHAWANI PETH, SOLAPUR 413002 |
| State | Maharashtra |
| Phone | 2729266 |
About this branch
The branch is located at SAISATYAM HEIGHTS, 27 B BHAWANI PETH, SOLAPUR 413002. It serves the region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Baramati Sahakari Bank Limited. The IFSC BARA0000016 is used to identify this branch on the RBI payments network.
Why every The Baramati Sahakari Bank Limited branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including of The Baramati Sahakari Bank Limited — its own 11-character IFSC. The code BARA0000016 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC BARA0000016 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the branch
Once you have an account at The Baramati Sahakari Bank Limited – , the IFSC BARA0000016 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the branch can access most of The Baramati Sahakari Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC BARA0000016
How to transfer money using IFSC BARA0000016
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC BARA0000016 across all three.
How to use IFSC BARA0000016 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Baramati Sahakari Bank Limited's branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC BARA0000016.
- Confirm the bank name auto-populates as The Baramati Sahakari Bank Limited and the branch as .
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to
If you need to transfer ₹2 lakh or more in one go to an account at The Baramati Sahakari Bank Limited's branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC BARA0000016 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to The Baramati Sahakari Bank Limited – , use IMPS. With IFSC BARA0000016 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC BARA0000016 for The Baramati Sahakari Bank Limited – , but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – BARA0000016 | Yes – BARA0000016 | Yes – BARA0000016 |
For most retail customers crediting the branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC BARA0000016
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at The Baramati Sahakari Bank Limited – is still mapped to IFSC BARA0000016. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC BARA0000016 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC BARA0000016 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
MICR & cheque-truncation details
Cheques drawn on the branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC BARA0000016 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC BARA0000016
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Baramati Sahakari Bank Limited – , double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
BARA0000016. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the branch
The branch is located at SAISATYAM HEIGHTS, 27 B BHAWANI PETH, SOLAPUR 413002, which puts it inside , the broader district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “The Baramati Sahakari Bank Limited branch” — the verified location pin for IFSC BARA0000016 should appear at the top of the results.
- Confirm the branch is open by calling 2729266 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC BARA0000016 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC BARA0000016 for The Baramati Sahakari Bank Limited – , you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC BARA0000016, however, work 24x7.
Branch address & contact
The Baramati Sahakari Bank LimitedBranch
SAISATYAM HEIGHTS, 27 B BHAWANI PETH, SOLAPUR 413002
, Maharashtra
Phone: 2729266
IFSC: BARA0000016
Frequently asked questions
Where is The Baramati Sahakari Bank Limited branch located?
The Baramati Sahakari Bank Limited's branch is located at SAISATYAM HEIGHTS, 27 B BHAWANI PETH, SOLAPUR 413002, , Maharashtra.
Is IFSC BARA0000016 valid for NEFT and RTGS?
Yes. IFSC BARA0000016 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of The Baramati Sahakari Bank Limited branch?
The IFSC code of The Baramati Sahakari Bank Limited, branch is BARA0000016. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using BARA0000016 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Baramati Sahakari Bank Limited – reflect within 30 minutes.
What is the phone number of The Baramati Sahakari Bank Limited branch?
You can reach the branch at 2729266 during regular banking hours.
How do I add The Baramati Sahakari Bank Limited as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC BARA0000016, and complete OTP verification. Once activated, you can transfer funds at any time.
Does The Baramati Sahakari Bank Limited branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2729266 to confirm.
Is IFSC BARA0000016 the same for all accounts at branch?
Yes. The IFSC BARA0000016 is shared by every account held at The Baramati Sahakari Bank Limited's branch. Only the account number changes from customer to customer.
Final notes
To recap: BARA0000016 is the IFSC code of The Baramati Sahakari Bank Limited, branch, in , MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
