IFSC Code, MICR Codes for BANK OF MAHARASHTRA in KARNATAKA - BELGAUM - KHANAPUR - KHANAPUR

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


IFSC Code

MAHB0000297

MICR Code

591014002

Branch

KHANAPUR

Contact

222257

Address

ANANT STATION ROADKHANAPUR - 591302

City

KHANAPUR

District

BELGAUM

State

KARNATAKA





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

MAHB0000297

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.