IFSC Code, MICR Codes for BANK OF MAHARASHTRA in TAMIL NADU - CHENNAI - CHENNAI - SERVICE BRANCH CHENNAI

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


IFSC Code

MAHB0001218

MICR Code

600014001

Branch

SERVICE BRANCH CHENNAI

Contact

25395923

Address

116 SRI GUJARATHI MANDAL BROADWAY CHENNAI - 600108

City

CHENNAI

District

CHENNAI

State

TAMIL NADU





What is IFSC Code of BANK OF MAHARASHTRA situated at SERVICE BRANCH CHENNAI- RTGS-HO?
IFSC Code of BANK OF MAHARASHTRA situated at SERVICE BRANCH CHENNAI - RTGS-HO is

MAHB0001218

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.