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

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


IFSC Code

MAHB0000698

MICR Code

460014011

Branch

SATNER

Contact

288824

Address

SATNER DIST. BETUL M.P.

City

SATNER

District

BETUL

State

MADHYA PRADESH





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

MAHB0000698

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.