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

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


IFSC Code

MAHB0000211

MICR Code

416014503

Branch

REDI

Contact

268253

Address

666 GRAM PACHAYAT BUILDING MAIN ROAD REDI TAL VENGURLA - 416517

City

REDI

District

SINDHUDURG

State

MAHARASHTRA





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

MAHB0000211

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.