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

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


IFSC Code

MAHB0000721

MICR Code

481014008

Branch

BUDBUDA

Contact

283527

Address

THE. WARASEONI BUDBUDA PIN-481332

City

BUDBUDA

District

BALAGHAT

State

MADHYA PRADESH





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

MAHB0000721

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.