IFSC Code, MICR Codes for BANK OF MAHARASHTRA in KARNATAKA - GULBARGA - CHOUDAPUR - CHOUDAPUR

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


IFSC Code

MAHB0000512

MICR Code

585014502

Branch

CHOUDAPUR

Contact

270707

Address

AT&POST CHOWDAPUR PO GOBBUR AFZALPUR GULBARGA DIST

City

CHOUDAPUR

District

GULBARGA

State

KARNATAKA





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

MAHB0000512

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.