There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Adilabad branch in Adilabad, Adilabad, Andhra Pradesh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Adilabad or anywhere in Andhra Pradesh can easily transfer funds instantly by using the correct IFSC Code MAHB0000433. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Adilabad, Adilabad

Here are the main details that are associated with the IFSC Code MAHB0000433 of Bank Of Maharashtra for its branch located in Adilabad, within the district of Adilabad in the state of Andhra Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000433
Branch Adilabad
City Adilabad
District Adilabad
State Andhra Pradesh
Address Ground Floor, D No. 4-2-177/1/3 And 5Mathura Compound, Bhoktapur, Adilabad

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Adilabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0000433 for the Adilabad branch of Bank Of Maharashtra is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Adilabad, Adilabad, Andhra Pradesh, is provided a unique IFSC like MAHB0000433 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in Adilabad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Adilabad and Adilabad.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Adilabad do not get misguided to another person.

Format of the IFSC Code MAHB0000433

The format of the IFSC Code for banks, including Bank Of Maharashtra, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Bank Of Maharashtra, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Adilabad in Adilabad.

For example, the IFSC Code MAHB0000433 of Bank Of Maharashtra for the Adilabad branch includes these elements, identifying the bank and the branch location in Adilabad and Andhra Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0000433 of Bank Of Maharashtra for its Adilabad branch located in Adilabad, the following methods can help you out:

Cheque Book

The cheque book issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Bank Of Maharashtra branches in Adilabad and Adilabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Adilabad or Adilabad to find the exact IFSC Code MAHB0000433.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Adilabad will provide accurate information.

How to Use IFSC Code MAHB0000433 for Online Transfers?

Once you have the IFSC Code MAHB0000433 for the Adilabad branch of Bank Of Maharashtra in Adilabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000433. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0000433.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra Adilabad in Adilabad, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Adilabad, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Bank Of Maharashtra website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Adilabad manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Adilabad, Adilabad?

The IFSC Code is MAHB0000433.

Is the IFSC Code MAHB0000433 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Adilabad?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Adilabad branch?

The address of the branch is Ground Floor, D No. 4-2-177/1/3 And 5Mathura Compound, Bhoktapur, Adilabad located in Adilabad, Adilabad, Andhra Pradesh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.