IFSC Code, MICR Codes for BANK OF MAHARASHTRA in GUJARAT - VALSAD - KOLAK - KOLAK

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


IFSC Code

MAHB0000531

MICR Code

396014501

Branch

KOLAK

Contact

2345515

Address

PITRU CHHAYA HARIBHAI PATEL BUILDINGVIA UDAWADA (R.S.) KOLAK DIST. VALSAD GUJARAT - 396115

City

KOLAK

District

VALSAD

State

GUJARAT





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

MAHB0000531

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.