If you were using the IFSC code of Vijaya bank and Dena Bank till now, then find out the new code of Bank of Baroda today. Digital transactions will not be possible with the old IFSC code from 1 March 2021.
Vijaya and Dena Bank customers take note.
If you are a customer of Vijaya Bank or Dena Bank, then this news is very important for you. Although the merger of these two banks with Bank of Baroda took place on 1 April 2019, but all the processes take a lot of time. The Bank of Baroda has tweeted that if you are still using the IFSC code of Vijaya Bank and Dena Bank, then update the new IFSC code, as it will stop working from 1 March 2021. In such a situation, transaction with old code will not be possible.
Integration work of 3898 branches of Dena Bank and Vijaya Bank has already been completed. Integration of 1770 branches of Dena Bank was completed in December and 2128 branches of Vijaya Bank were completed in September 2020 itself. The migration of 5 crore customers of these two banks has been successfully completed on the platform of Bank of Baroda. Apart from this, the work of ATM, POS machines, credit card migration has also been completed. Now the Bank of Baroda has a total of 8248 domestic branches as well as 10318 ATM machines are installed in the entire country. All the customers of the bank can now also avail the digital channel, Baroda M-connect Plus or Baroda Connect service.
How to get new IFSC code
To get the new IFSC code, one has to visit the official website of Bank of Baroda. Apart from this, SMS can be sent to 8422009988 from registered mobile number. For this, you have to type ‘MIGR (space) the last 4 digits of the old account number’. IFSC code is required for any digital transaction (NEFT, RTGS or IMPS). https://www.bankofbaroda.in/ifsc-finder.htm IFSC code can be found with the help of branch by visiting this link. Indian Financial System Code is 11 digit code.
Account, ATM integration work is already completed
Explain that since the merger, the account number, customer identification number (CIF), branch code, IFSC and MICR code of the customers of Vijaya Bank and Dena Bank have also changed. Those who have a debit card of these two banks can use it till expiry. However, customers of both banks have to visit the Bank of Baroda’s website for digital banking. Apart from this, this work is also being done through the mobile app. Let us know that the old IFSC codes are valid till 28 February only. These will be valid from Monday.
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