IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - KOLHAPUR - BIDRI - BIDRI

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


IFSC Code

MAHB0000504

MICR Code

416014036

Branch

BIDRI

Contact

254937

Address

BIDRI TALUKA:KAGAL DIST:KOLHAPUR

City

BIDRI

District

KOLHAPUR

State

MAHARASHTRA





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

MAHB0000504

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.