IFSC Code, MICR Codes for BANK OF MAHARASHTRA in KARNATAKA - BIJAPUR - MORTGI - MORATGI

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


IFSC Code

MAHB0000505

MICR Code

586014501

Branch

MORATGI

Contact

226626

Address

SINDGI TALUK BIJAPUR DISTRICT BIJAPUR-586123

City

MORTGI

District

BIJAPUR

State

KARNATAKA





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

MAHB0000505

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.