IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MADHYA PRADESH - BARWANI - SILAWAD - SILAWAD

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


IFSC Code

MAHB0000690

MICR Code

451014005

Branch

SILAWAD

Contact

236226

Address

SILAWAD DISTRICT BADWANI

City

SILAWAD

District

BARWANI

State

MADHYA PRADESH





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

MAHB0000690

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.