IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - LATUR - LATUR - BABHALGAON

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


IFSC Code

MAHB0001806

MICR Code

413014622

Branch

BABHALGAON

Contact

265600

Address

BANK OF MAHARASHTRA MAIN ROAD BABHALGAON DIST.-LATUR 413512

City

LATUR

District

LATUR

State

MAHARASHTRA





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

MAHB0001806

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.