Bank Of Baroda IFSC Code, MICR Code, Address, Contact Number for the Pen Dist Raigad Branch in Maharashtra
Bank Of Baroda Pen Dist Raigad Branch is situated in Pen, Maharashtra
IFSC Code for Bank Of Baroda Pen Dist Raigad Branch, Pen
BARB0PENXXX
- Bank Name: Bank Of Baroda
- Bank Old IFSC Code: N/A
- Bank New IFSC Code: BARB0PENXXX
- Bank MICR Code: NA
- Bank Address: Ganadhar Niwas, Near S T Stand, Pen, Dist Raigad, Maharashtra 402107
- Bank Branch: Pen Dist Raigad
- Bank District: Pen
- Bank State: Maharashtra
- Bank City: Pen
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