IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - SINDHUDURG - PATPARULE - PATPARULE

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


IFSC Code

MAHB0000508

MICR Code

416014506

Branch

PATPARULE

Contact

269522

Address

SHIRSAT BUILDING BAZAR ROAD PATPARULE TALUKA CHIPLUN - 416523

City

PATPARULE

District

SINDHUDURG

State

MAHARASHTRA





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

MAHB0000508

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.