IFSC Code, MICR Codes for BANK OF BARODA in MADHYA PRADESH - BHOPAL - BHOPAL - ARERA COLONY BRANCH

BANK OF BARODA RTGS HO Branch in BHOPAL - Address, IFSC, MICR Code


IFSC Code

BARB0ARERAC

MICR Code

462012006

Branch

ARERA COLONY BRANCH

Contact

1800223344

Address

ARERA COLONY BRANCHE8 ARERA COLONY BHOPALBHOPAL462011

City

BHOPAL

District

BHOPAL

State

MADHYA PRADESH





What is IFSC Code of BANK OF BARODA situated at ARERA COLONY BRANCH- RTGS-HO?
IFSC Code of BANK OF BARODA situated at ARERA COLONY BRANCH - RTGS-HO is

BARB0ARERAC

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.