IFSC Code, MICR Codes for BANK OF BARODA in TAMIL NADU - SALEM - SALEM - SALEM BRANCH

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


IFSC Code

BARB0SALEMX

MICR Code

636012002

Branch

SALEM BRANCH

Contact

1800223344

Address

SALEM BRANCH41PAUL'S STREETFORTSALEM.636001

City

SALEM

District

SALEM

State

TAMIL NADU





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

BARB0SALEMX

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.