Bank Of Baroda IFSC Code, MICR Code, Address, Contact Number for the Shankar Nagar Branch in Chhattisgarh
Bank Of Baroda Shankar Nagar Branch is situated in Raipur, Chhattisgarh
IFSC Code for Bank Of Baroda Shankar Nagar Branch, Raipur
BARB0SHARAI
- Bank Name: Bank Of Baroda
- Bank Old IFSC Code: N/A
- Bank New IFSC Code: BARB0SHARAI
- Bank MICR Code: WAITING
- Bank Address: Prem Villa Near Chhoti Railway Crossing Shankar Nagar Raipur Chhattisgarh 492001
- Bank Branch: Shankar Nagar
- Bank District: Raipur
- Bank State: Chhattisgarh
- Bank City: Raipur
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