Bank Of Baroda IFSC Code, MICR Code, Address, Contact Number for the Mahad Branch Branch in Maharashtra

Bank Of Baroda Mahad Branch Branch is situated in Raigad, Maharashtra

IFSC Code for Bank Of Baroda Mahad Branch Branch, Raigad

BARB0MAHADX
  • Bank Name: Bank Of Baroda
  • Bank Old IFSC Code: N/A
  • Bank New IFSC Code: BARB0MAHADX
  • Bank MICR Code: 402012001
  • Bank Address:
    Mahad Branch,Savitri Road, Mahad, Dist. Raigad,Mahad,402301
  • Bank Branch: Mahad Branch
  • Bank District: Raigad
  • Bank State: Maharashtra
  • Bank City: Mahad

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