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

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


IFSC Code

MAHB0001055

MICR Code

460014007

Branch

MORKHA

Contact

254911

Address

LALIT BHAVAN MORKHA TEH MULTAI DIST. BETUL - 460661

City

MORKHA

District

BETUL

State

MADHYA PRADESH





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

MAHB0001055

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.