IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - AURANGABAD - AURANGABAD - SHG AURANGABAD

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


IFSC Code

MAHB0001558

MICR Code

431014199

Branch

SHG AURANGABAD

Contact

2334893

Address

SHG BRANCH SURESH BHAVAN KIRANA CHAWADI SHAHAGANJ AURANGABAD - 431001

City

AURANGABAD

District

AURANGABAD

State

MAHARASHTRA





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

MAHB0001558

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.