IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - SOLAPUR - KEM - KEM

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


IFSC Code

MAHB0000549

MICR Code

413014075

Branch

KEM

Contact

240724

Address

SASWADE BANDHU TILAK ROAD TALUKA KARMALA PIN 413223

City

KEM

District

SOLAPUR

State

MAHARASHTRA





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

MAHB0000549

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.