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

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


IFSC Code

MAHB0000681

MICR Code

411014115

Branch

RANJANGAON

Contact

243230

Address

AT & POST RANJANGAONSHIRUR

City

RANJANGAON

District

PUNE

State

MAHARASHTRA





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

MAHB0000681

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.