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

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


IFSC Code

MAHB0001739

MICR Code

431014599

Branch

KARMAD

Contact

2623212

Address

SHRI KRUSHNA MANDIR SHRI CHAKRADHAR ASHRAM KARMAD TQ DIST AURANGABAD 431001

City

KARMAD

District

AURANGABAD

State

MAHARASHTRA





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

MAHB0001739

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.