IFSC Code, MICR Codes for BANK OF MAHARASHTRA in PUNJAB - KAPURTHALA - PHAGWARA - PHAGWARA

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


IFSC Code

MAHB0001193

MICR Code

144014202

Branch

PHAGWARA

Contact

221298

Address

744 GURU HARGOBIND NAGAR PHAGWARA DISTT. KAPURTHALA PUNJAB-144401

City

PHAGWARA

District

KAPURTHALA

State

PUNJAB





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

MAHB0001193

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.