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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The Baramati Sahakari Bank Ltd Sangamner Ahmednagar Branch IFSC/MICR Code Details
Bank Name THE BARAMATI SAHAKARI BANK LTD
Address KRUPANIDHI GROUND FLOOR,C.S.NO.805,SANT TUKARAM MARG,TAL-SANGAMNER,DIST.AHEMADNAGAR-422605
State MAHARASHTRA
District AHMEDNAGAR
Branch SANGAMNER
IFSC Code BARA0000018
Branch Code 000018 (Last six characters of IFSC code represent Branch code.)
MICR Code 422606201
Contact Phone 222701
via https://bankingzone.in/ifsc

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