IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - BID - BHID - NAGAR ROAD BEED

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


IFSC Code

MAHB0001689

MICR Code

431014303

Branch

NAGAR ROAD BEED

Contact

232498

Address

BANK OF MAHARASHTRA NAGAR ROAD BEED BRANCH NAGAR ROAD NEAR SBI BEED 431122

City

BHID

District

BID

State

MAHARASHTRA





What is IFSC Code of BANK OF MAHARASHTRA situated at NAGAR ROAD BEED- RTGS-HO?
IFSC Code of BANK OF MAHARASHTRA situated at NAGAR ROAD BEED - RTGS-HO is

MAHB0001689

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.