IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MADHYA PRADESH - SEONI - KHAWASA - KHAWASA

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


IFSC Code

MAHB0000785

MICR Code

480014011

Branch

KHAWASA

Contact

232436

Address

JABALPUR-NAGPUR ROAD AT & PO- KHAWASA DIST- SEONI 480880

City

KHAWASA

District

SEONI

State

MADHYA PRADESH





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

MAHB0000785

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.