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

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


IFSC Code

MAHB0000562

MICR Code

415014069

Branch

SHENOLI

Contact

269567

Address

BHAIRAVNATH MANDIR BLDG SHENOLI TAL KARAD 415110

City

SHENOLI

District

SATARA

State

MAHARASHTRA





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

MAHB0000562

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.