BANK OF BARODA RAICHUR IFSC CODE Quick Search

IFSC Code

MICR Code

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What is BANK OF BARODA RAICHUR ifsc code

IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.

BANK OF BARODA RAICHUR ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main payment and settlement systems in India.

1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer

BANK OF BARODA RAICHUR ifsc code Format:

The IFSC Code is an 11-characters code. First four alphabetic characters ( position 1 to 4) represents BankName and Last Six charactes ( Position from 6-11) which can be alphanumeric represents Bank Branch. The fifth character is 0 (zero) which is reserved for future use.

1 2 3 4 5 6 7 8 9 10 11
Bank Code 0 Branch Code

For Example :

BANK OF BARODA RAICHUR ifsc code : BARB0RAICHU is 11 digit Unique IFSC Code.

First 4 characters represents Bank Code : BARB for Bank : BANK OF BARODA

5th character is Zero and it is reserved for future reference

Last 6 characters represents Branch Code : RAICHU for Bank Branch RAICHUR, KARNATAKA

Anatomy of a Cheque

BANK OF BARODA RAICHUR ifsc code -cheque

The above image represent cheque format which locates IFSC Code and MICR Code in Red Box

What is MICR Code for bank of baroda raichur

MICR code for bank of baroda raichur represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.

MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).

Where is MICR Code for bank of baroda raichur on Cheque:

MICR Code for bank of baroda raichur can be found at the bottom of the cheque. As shown in above image MICR Code is shown inside Red rectangle at the bottom of the cheque.

MICR Code Format for bank of baroda raichur :

MICR Code for bank of baroda raichur is an 9-digit code. First three digits ( position 1 to 3) represents City Code, Next 3 Digits ( Position from 4-7) Bank Code and Last 3 Digits ( Position from 7-9) represents Branch Code.

1 2 3 4 5 6 7 8 9
City Code Bank Code Branch Code

For Example :

MICR Code for BANK OF BARODA : 584012002 is 9 digit Unique MICR Code.

First 3 digits represents CityCode Code : 584 for City : RAICHUR

Middle 3 digits reprents Bank Code: 012 for Bank : BANK OF BARODA

Last 3 digits represents Branch Code : 200 for Bank Branch RAICHUR, KARNATAKA

BANK OF BARODA All Branch IFSC Code List for City RAICHUR

bank of baroda raichur, karnataka ifsc code

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