IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - BHANDARA - LAKHANI - LAKHNI

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


IFSC Code

MAHB0001815

MICR Code

441014518

Branch

LAKHNI

Contact

206387

Address

MOTGHARE COMPLEX WARD NO 6 DATTA MANDIR ROAD LAKHNI-441804 DIST - BHANDARA

City

LAKHANI

District

BHANDARA

State

MAHARASHTRA





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

MAHB0001815

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.