IFSC Code, MICR Codes for BANK OF MAHARASHTRA in ANDHRA PRADESH - HYDERABAD - HYDERABAD - BALAPUR

BANK OF MAHARASHTRA RTGS HO Branch in HYDERABAD - Address, IFSC, MICR Code


IFSC Code

MAHB0001577

MICR Code

500014017

Branch

BALAPUR

Contact

201717

Address

HNO 8-7-1/A SAINAGR BALAPUR MANDAL SAROORNAGAR HYDERABAD 500005

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of BANK OF MAHARASHTRA situated at BALAPUR- RTGS-HO?
IFSC Code of BANK OF MAHARASHTRA situated at BALAPUR - RTGS-HO is

MAHB0001577

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.