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

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


IFSC Code

MAHB0000156

MICR Code

416014050

Branch

NANDRE

Contact

2473126

Address

NANDRE DIST SANGLI

City

NANDRE

District

SANGLI

State

MAHARASHTRA





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

MAHB0000156

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.