IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - AHMADNAGAR - MALWADGAON - MALWADGAON

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


IFSC Code

MAHB0001099

MICR Code

413014024

Branch

MALWADGAON

Contact

247443

Address

MALWADGAON TQ. SHRIRAMPUR DIST.AHMADNAGAR - 413739

City

MALWADGAON

District

AHMADNAGAR

State

MAHARASHTRA





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

MAHB0001099

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.