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AHMADNAGAR    11 Branches
AHMEDNAGA    1 Branches
AKOLA    3 Branches
AMBEDKAR NAGAR    1 Branches
AMRAVATI    4 Branches
ATPADI    1 Branches
AURANGABAD    14 Branches
BEED    3 Branches
BHANDARA    1 Branches
BID    1 Branches
BULDHANA    1 Branches
CHANDRAPUR    4 Branches
DHANKAWADI    1 Branches
DHULE    3 Branches
GONDIA    1 Branches
GREATER BOMBAY    28 Branches
GREATER MUMBAI    72 Branches
HINGOLI    1 Branches
JALGAON    12 Branches
JALNA    3 Branches
JATH    1 Branches
KALYAN    2 Branches
KHANAPUR    1 Branches
KHED SHIVAPUR    1 Branches
KOLHAPUR    13 Branches
LATUR    3 Branches
MALEGAON    1 Branches
MANDHAL    1 Branches
MUMBAI    38 Branches
NAGPUR    29 Branches
NANDED    4 Branches
NANDURBAR    2 Branches
NASHIK    15 Branches
NASIK    9 Branches
NEW BOMBAY    1 Branches
NEWASA    2 Branches
OSMANABAD    1 Branches
PANVEL    1 Branches
PARBHANI    3 Branches
PARNER    1 Branches
PATODA    1 Branches
PATONDE    1 Branches
PEN    1 Branches
PIMPER KHEDE    1 Branches
PIMPRI    1 Branches
PUNE    61 Branches
RAIGAD    19 Branches
RATNAGIRI    4 Branches
SAKUR    1 Branches
SAMNER    1 Branches
SANGAMNER    1 Branches
SANGLI    3 Branches
SANGLIMIRAJ    1 Branches
SARALGAON    1 Branches
SARAWADE    1 Branches
SATARA    15 Branches
SAWANTWADI    1 Branches
SAWARGAON    1 Branches
SAYGAON    1 Branches
SHAHAPUR    1 Branches
SHEVGAON    1 Branches
SHINDAD    1 Branches
SHINDI    1 Branches
SHIRPUR    1 Branches
SHIRSALE    1 Branches
SHIRSUPHAL    1 Branches
SHRAWANI    1 Branches
SHRIRAMPUR    1 Branches
SINDHUDURG    2 Branches
SINNAR    1 Branches
SOLANKUR    1 Branches
SOLAPUR    10 Branches
SOMAVAL    1 Branches
SONAJ    1 Branches
TAKALI    1 Branches
TALEGAON DABHAD    1 Branches
TALODE    1 Branches
TALONDE DIGAR    1 Branches
TARABA    1 Branches
TEMBHURNI    1 Branches
THAKURDWAR    1 Branches
THANE    38 Branches
THEUR    1 Branches
TUMSAR    1 Branches
UDGAON    1 Branches
UMARAN    1 Branches
UMBRAJ    1 Branches
UNDANGAON    1 Branches
URAN    1 Branches
VADALA    1 Branches
VADGAON SHERI    1 Branches
VASAI    2 Branches
VASHID    1 Branches
VELAPUR    1 Branches
VIRAR    1 Branches
WADALA    2 Branches
WAI    1 Branches
WAIFAD    1 Branches
WALWA    1 Branches
WANI    1 Branches
WARDHA    5 Branches
WARI    1 Branches
WARUD    1 Branches
WASHIM    2 Branches
YAVATMAL    4 Branches
YEWAT    1 Branches

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Rate Date : 29/04/24

We found 515 Branches available for BANK OF BARODA, MAHARASHTRA

General Information About Bank IFSC & MICR Code


What is an IFSC Code?

IFSC stands for Indian Financial System Code. It's an eleven digits & characters combination unique identifying number. This unique code helps to identify the perticular individual bank branches for smooth online transation such as NEFT, RTGS & IMPS transations. This code is developed by RBI (Reserve Bank of India).


Structure of the IFSC Code

The first four letters of the IFSC Code is bank code, Next one digits is genarally (0) zero & it's reserved for future use & last six digits is an unique identifier no for the particular Financial institution or bank branch.


Example : Breakdown of IFSC Code

A

B

C

D

0

1

2

3

4

5

6

Bank Code

Future Use

Branch Code


What is IFSC code used for?

IFSC Code used for various electronic or online fund transfer such as NEFT, RTGS, IMPS & other online fund transferring etc.


What is MICR Code?

MICR stands for Magnetic Ink Character Recognition technology & this code is developed by RBI (Reserve Bank of India). It's also a nine digits unique identifying number. This unique nine digits MICR code helps to identify the perticular individual bank branches and branch participating in an Electronic Clearing System (ECS).

The MICR code is located on the bottom of a each cheque leaf, next to the cheque number. You can also find it printed on the first page of a bank passbook.


Structure of the MICR Code


Example : Breakdown of MICR Code

1

2

3

4

5

6

7

8

9

City Code

Bank Code

Branch Code


What is MICR code used for?

MICR Code used for various financial transations such as SIP form or for transferring funds.


The given information is as per the guidelines of RBI (Reserve Bank of India)

Payment ServiceNEFTRTGSIMPS
ProcessProcess is based on Deferred Net Settlement (DNS) and the transfer of funds will be carried out in  half-hourly batches starting from 12:30 am to 12:00 amPayment process in which the money is credited in the beneficiary’s bank branch in real-time and on gross basisReal-time and instant interbank fund transfer process, IMPS is considered a secure & faster mode of fund transfer
Minimum Transfer LimitRe.1Rs.2 lakhRe.1
Maximum Transfer LimitNo limitNo limitRs.2 lakh
Operational TimingsAvailable 24x7, 365 days (including bank holidays)7 am to 6 pm on all working daysAvailable 24x7, 365 days (including bank holidays)
Inward Transaction ChargesNo chargesNo chargesDecided by individual member banks and PPIs


FAQ on IFSC & MICR code

Q. Do IFSC codes get changed?
A. Generally no but if the particular bank undergoes any merger or something then only the new IFSC code will be issued by RBI (Reserve Bank of India) & the old one will be deactivated.

Q. How to transfer money using the IFSC code?
A. Using IFSC code transferring funds from one bank to another bank or the same bank different accounts is really a hassle free solution. When you try to transfer funds using online banking such as NEFT, RTGS, IMPS & others method then you need the customer name, bank account no. & the IFSC code.

Q. Is sharing IFSC & MICR code safe?
A. Each Indivitual bank branch's IFSC code & MICR code is matchless and it's essential in India for transferring funds through the online banking. Every bank guarantees the security of the fund transfer & no one may misuse the IFSC code & MICR code for fraud, theft & spaming.

Q. Is IFSC code and branch code is same?
A. No. An IFSC code is an eleven digit alphanumeric unique code issued by RBI(Reserve Bank of India) to identify the each indivitual bank branch. Branch code is a part of of the IFSC code because it's identify a particual bank branch. The last 6 digit of the IFSC code is the branch code & this code is also printed on your first page of your bank passbook.