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

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


IFSC Code

MAHB0000713

MICR Code

431014045

Branch

BANOTI

Contact

255020

Address

MAIN ROADBANOTISOEGAON TALUKADIST.AURANGABAD 431150

City

BANOTI

District

AURANGABAD

State

MAHARASHTRA





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

MAHB0000713

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.