IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - RATNAGIRI - POSARE - POSARE(BHOM)

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


IFSC Code

MAHB0000999

MICR Code

415014029

Branch

POSARE(BHOM)

Contact

232023

Address

LALBAUG GAONTAL.CHIPLUN 415628

City

POSARE

District

RATNAGIRI

State

MAHARASHTRA





What is IFSC Code of BANK OF MAHARASHTRA situated at POSARE(BHOM)- RTGS-HO?
IFSC Code of BANK OF MAHARASHTRA situated at POSARE(BHOM) - RTGS-HO is

MAHB0000999

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.