Bank Of Baroda IFSC Code, MICR Code, Address, Contact Number for the BinaMp Branch in Madhya Pradesh

Bank Of Baroda BinaMp Branch is situated in Sagar, Madhya Pradesh

IFSC Code for Bank Of Baroda BinaMp Branch, Sagar

BARB0BINAXX
  • Bank Name: Bank Of Baroda
  • Bank Old IFSC Code: N/A
  • Bank New IFSC Code: BARB0BINAXX
  • Bank MICR Code: 470012101
  • Bank Address:
    D K Complex Sarvodaya Chauraha Bina Dist Sagar Madhya Pradesh-470113
  • Bank Branch: BinaMp
  • Bank District: Sagar
  • Bank State: Madhya Pradesh
  • Bank City: Bina

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