IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - RAIGAD - CHAUL - CHAUL

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


IFSC Code

MAHB0000735

MICR Code

402014510

Branch

CHAUL

Contact

240087

Address

JOSHI HOSUE CHAUL NAKA TAL. ALIBAG 402203 DIST. RAIGAD

City

CHAUL

District

RAIGAD

State

MAHARASHTRA





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

MAHB0000735

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.