IFSC Code, MICR Codes for BANK OF MAHARASHTRA in GUJARAT - SURAT - VAKTANA - VAKTANA

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


IFSC Code

MAHB0000591

MICR Code

394014502

Branch

VAKTANA

Contact

2392624

Address

VAKTANA TEH. CHORIYASI DIST. SURAT - 394230

City

VAKTANA

District

SURAT

State

GUJARAT





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

MAHB0000591

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.