IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - SANGLI - BUDHAGAON - BUDHGAON

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


IFSC Code

MAHB0001856

MICR Code

416014502

Branch

BUDHGAON

Contact

2366856

Address

BEHIND NAMDEV HARI MANDIR BAZAR PETH BUDHGAON - 416304 DIST - SANGLI

City

BUDHAGAON

District

SANGLI

State

MAHARASHTRA





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

MAHB0001856

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.