IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MADHYA PRADESH - BETUL - KHUMAI - KHOMAI

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


IFSC Code

MAHB0001054

MICR Code

460014016

Branch

KHOMAI

Contact

284608

Address

KHOMAI DIST.BETULM.P.

City

KHUMAI

District

BETUL

State

MADHYA PRADESH





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

MAHB0001054

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.