IFSC Code, MICR Codes for BANK OF MAHARASHTRA in ANDHRA PRADESH - VISHAKHAPATNAM - VISAKHAPATNAM - VISAKHAPATNAM

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


IFSC Code

MAHB0000398

MICR Code

530014001

Branch

VISAKHAPATNAM

Contact

27457559

Address

BINAYAK COMPLEX' DABAGARDENS VISAKHAPATNAM 530 020

City

VISAKHAPATNAM

District

VISHAKHAPATNAM

State

ANDHRA PRADESH





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

MAHB0000398

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.