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 Laxmi Road Pune Branch IFSC/MICR Code Details
Bank Name THE BARAMATI SAHAKARI BANK LTD
Address MORANGAONKAR ARIHANT MARKET, SADASHIV PETH, PUNE 411002
State MAHARASHTRA
District PUNE
Branch LAXMI ROAD
IFSC Code BARA0000013
Branch Code 000013 (Last six characters of IFSC code represent Branch code.)
MICR Code 411606006
Contact Phone 24455517
via https://bankingzone.in/ifsc

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