IFSC Code, MICR Codes for BANK OF MAHARASHTRA in PUNJAB - NAWANSHAHR - NAWANSHAHAR - NAWANSHAHR

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


IFSC Code

MAHB0001242

MICR Code

144014101

Branch

NAWANSHAHR

Contact

228022

Address

OPP. RAJA HOSPITAL CHANDIGARH ROAD NAWANSHAHR-144514 (PUNJAB)

City

NAWANSHAHAR

District

NAWANSHAHR

State

PUNJAB





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

MAHB0001242

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.