What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Bank Of Baroda Ilthan,thane Thane Branch IFSC/MICR Code Details
Bank Name BANK OF BARODA
Address RELIABLE TECH PARK,THANE BELAPUR ROAD,NEAR AIROLI RAILWAY STATION,AIROLI,THANE DIST,MAHARASHTRA 400708.
State MAHARASHTRA
District THANE
Branch ILTHAN,THANE
IFSC Code BARB0ILTHAN
Branch Code ILTHAN (Last six characters of IFSC code represent Branch code.)
MICR Code 400012200
Contact Phone 1800223344
via https://bankingzone.in/ifsc

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