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Bank of Baroda

TILAK ROAD,MAHARASHTRA BRANCH

+910221800223344

IFSC CODE
BARB0TILNAG
MICR Code 440012017
Branch Code TILNAG
City / District MANDHAL
State MAHARASHTRA
Office Address SHREE RENUKA PLAZA,HOUSE NO 6,6-A,WARD NO-8,TILAK ROAD,MAHAL,NAGPUR,MAHARASHTRA 440032.
Phone +910221800223344
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Understanding IFSC Code: The Digital DNA of Bank of Baroda

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the TILAK ROAD,MAHARASHTRA branch of Bank of Baroda, the code BARB0TILNAG ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the BARB0TILNAG Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"BARB" represents Bank of Baroda

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for TILAK ROAD,MAHARASHTRA

Payment Systems Supported by BARB0TILNAG

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—440012017—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Bank of Baroda in MANDHAL typically follows the RBI holiday calendar. Digital transfers via BARB0TILNAG for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While BARB0TILNAG is the valid code for TILAK ROAD,MAHARASHTRA at MANDHAL, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

  • • TILAK ROAD,MAHARASHTRA Contact
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Platform Links

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