IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MADHYA PRADESH - WEST NIMAR - BALKUNWA - BALKUNWA

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


IFSC Code

MAHB0000646

MICR Code

451014008

Branch

BALKUNWA

Contact

255249

Address

VILLAGE BALKUNWA DISTRICT BARWANI

City

BALKUNWA

District

WEST NIMAR

State

MADHYA PRADESH





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

MAHB0000646

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.