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

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


IFSC Code

MAHB0001209

MICR Code

400014121

Branch

BHAYANDER

Contact

28198955

Address

OMKAR BLDG PB ROAD BHAYANDER EAST

City

THANE

District

THANE

State

MAHARASHTRA





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

MAHB0001209

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.