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

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


IFSC Code

MAHB0000568

MICR Code

454014003

Branch

KHALGHAT

Contact

263236

Address

KHALGHAT DISTRICT DHAR.

City

KHALGHAT

District

DHAR

State

MADHYA PRADESH





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

MAHB0000568

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.