IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - THANE - TARAPUR - TARAPUR SSI

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


IFSC Code

MAHB0000385

MICR Code

400014125

Branch

TARAPUR SSI

Contact

272373

Address

MIDC IND ESTATENAVAPUR RD VIA BOISARTARAPUR 401501

City

TARAPUR

District

THANE

State

MAHARASHTRA





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

MAHB0000385

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.