IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - NASIK - OTUR - OTUR

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


IFSC Code

MAHB0000953

MICR Code

423014016

Branch

OTUR

Contact

224408

Address

HOUSE NO.180 HOLI CHOWK OTUR TALI.KALWAN PIN-423501

City

OTUR

District

NASIK

State

MAHARASHTRA





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

MAHB0000953

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.