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

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


IFSC Code

MAHB0001659

MICR Code

148014002

Branch

SANGRUR

Contact

235414

Address

BOOTH NO 38-3950-51GAUSHALA ROAD NEW GRAIN MARKET DIST - SANGRUR PUNJAB-148001

City

SANGRUR

District

SANGRUR

State

PUNJAB





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

MAHB0001659

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.