IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MADHYA PRADESH - BALAGHAT - BONKATTA - BONKATTA

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


IFSC Code

MAHB0000654

MICR Code

481014006

Branch

BONKATTA

Contact

278659

Address

VILLEGE BONKATTA POST HARDOLI TEHSIL KATANGI PIN 481449

City

BONKATTA

District

BALAGHAT

State

MADHYA PRADESH





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

MAHB0000654

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.