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

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


IFSC Code

MAHB0000993

MICR Code

416014053

Branch

SHEGAON

Contact

286027

Address

SHEGAON TAL JATH DIST SANGLI

City

SHEGAON

District

SANGLI

State

MAHARASHTRA





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

MAHB0000993

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.