IFSC Code, MICR Codes for BANK OF MAHARASHTRA in MAHARASHTRA - YAVATMAL - DIGRAS - DIGRAS

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


IFSC Code

MAHB0000122

MICR Code

445014050

Branch

DIGRAS

Contact

222062

Address

AT & P.O.-DIGRAS DIST-YEOTMAL

City

DIGRAS

District

YAVATMAL

State

MAHARASHTRA





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

MAHB0000122

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.