Bank Of Baroda IFSC Code, MICR Code, Address, Contact Number for the Ratu Branch in Jharkhand
Bank Of Baroda Ratu Branch is situated in Ranchi, Jharkhand
IFSC Code for Bank Of Baroda Ratu Branch, Ranchi
BARB0RATUCH
- Bank Name: Bank Of Baroda
- Bank Old IFSC Code: N/A
- Bank New IFSC Code: BARB0RATUCH
- Bank MICR Code: WAITING
- Bank Address: Ratu Chatti Opp Post Office Po Ratu Dist Ranchi Jh 835222
- Bank Branch: Ratu
- Bank District: Ranchi
- Bank State: Jharkhand
- Bank City: Ratu
About IFSC Codes in India
IFSC stands for Indian Financial System Code. It is a unique 11-digit alphanumeric code assigned to each bank branch in India by the Reserve Bank of India (RBI). It is used for electronic funds transfer using NEFT, RTGS, and IMPS.
Components of IFSC Code:
- First four characters: Bank code
- Fifth character: Always 0
- Last six characters: Branch identifier
About MICR Codes
MICR stands for Magnetic Ink Character Recognition and is printed on cheques to streamline processing.
- First three digits: City code
- Next three digits: Bank code
- Last three digits: Branch code