IFSC Code, MICR Codes for BANK OF BARODA in MAHARASHTRA - RAIGAD - MAHAD - MAHAD BRANCH

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


IFSC Code

BARB0MAHADX

MICR Code

402012001

Branch

MAHAD BRANCH

Contact

1800223344

Address

MAHAD BRANCHSAVITRI ROAD MAHAD DIST. RAIGADMAHAD402301

City

MAHAD

District

RAIGAD

State

MAHARASHTRA





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

BARB0MAHADX

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.