IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MADHYA PRADESH - DHAR - GUNWAD - GUNAWAD

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


IFSC Code

MAHB0000657

MICR Code

454014001

Branch

GUNAWAD

Contact

264621

Address

VILLAGE GUNAWAD DISTRICT DHAR

City

GUNWAD

District

DHAR

State

MADHYA PRADESH





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

MAHB0000657

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.