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Big news for millions of BoB customers, will not be able to transact money from March 1, know why…?

Dena Bank and Vijaya Bank are going to make changes in their IFSC Code, then you should immediately note your new IFSC code. Otherwise you will not be able to transfer money after March 1 (1st March 2021).




New Delhi: If you also have an account with Bank of Baroda, then there is big news for you. Explain that the Central Government had merged Dena Bank and Vijaya Bank into BoB some time ago, after which the customers of these two banks became customers of Bank of Baroda. After March 1, the bank is going to change its IFSC Code, so you should immediately note your new IFSC code. Otherwise you will not be able to transfer money after March 1 (1st March 2021).

BoB tweeted information

Bank of baroda
Bank of baroda

The bank said that after March 1, 2021, the old IFSC codes of the customers will not work. Bank of Baroda, the country’s third largest government bank, has given information about this by tweeting. The bank has written in the tweet that dear customers, please note that e-Vijaya and e-Dena IFSC codes are going to be closed from 1 March 2021. Get new IFSC codes from e-Vijaya and Dena Bank branches. Just follow the steps and experience the convenience.

Can call toll free number

If you have any problem related to IFSC code, then you can call 1800 258 1700 at this toll free number or you can also visit the bank branch.

and know

it by messaging , besides this you can also message. In the message you have to write “MIGR <Space> Last 4 digits of the old account number”. Now send this message from your registered mobile number to 8422009988.

These banks will also change IFSC Code.

Apart from this, Punjab National Bank had also tweeted that the old checkbook and IFSC / MICR code of Oriental Bank of Commerce and United Bank of India will work only till 31 March. After this, you have to get a new code and checkbook from the bank.

Also Read: SBI KYC 2021: If there is an account in SBI, then this document will be needed for KYC, check the list quickly

What will be the effect on customers?

Changes in the IFSC code will affect the account holders. For online transactions, you have to add the bank’s IFSC i.e. Indian Financial System Code along with the bank account number. So you quickly know your new IFSC code, otherwise you will not be able to transfer money from February 1.

ifsc code?

The IFSC code is 11 digits long. The initial four letters in the IFSC code indicate the name of the bank. The IFSC code is used during electronic payment. Any branch of the bank can be tracked through that code. You can find it through bank account and check book.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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