IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - PUNE - PUNE - SOMATANE PHATA

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


IFSC Code

MAHB0001888

MICR Code

410014199

Branch

SOMATANE PHATA

Contact

9823242742

Address

H. NO.552 WARD NO.2 SHIRGAON ROAD SOMATANE PHATA TAL.: MAVAL DIST.: PUNE- 410506.

City

PUNE

District

PUNE

State

MAHARASHTRA





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

MAHB0001888

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.