IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - SATARA - SATARA - POWAI NAKA SATARA

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


IFSC Code

MAHB0000305

MICR Code

415014002

Branch

POWAI NAKA SATARA

Contact

234897

Address

KASAT MARKET SATARA.

City

SATARA

District

SATARA

State

MAHARASHTRA





What is IFSC Code of BANK OF MAHARASHTRA situated at POWAI NAKA SATARA- RTGS-HO?
IFSC Code of BANK OF MAHARASHTRA situated at POWAI NAKA SATARA - RTGS-HO is

MAHB0000305

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.