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

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


IFSC Code

MAHB0000513

MICR Code

400014505

Branch

KARANJA

Contact

2722236

Address

SAI SADAN URAN KARANJA ST ROAD KARANJA TALUKA - URAN DIST : RAIGAD - 400 702.

City

KARANJA

District

RAIGAD

State

MAHARASHTRA





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

MAHB0000513

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.