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IFSC Code of Bank Of Maharashtra, Kokamthan, Kopargaon, Maharashtra — MAHB0001611

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Kokamthan branch in Ahmadnagar, Kopargaon, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0001611. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Bank Of Maharashtra, Kokamthan, Ahmadnagar

Here are some of the key details that come with the IFSC Code MAHB0001611 of Bank Of Maharashtra for its branch located in Ahmadnagar, within the district of Kopargaon in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001611
Branch Kokamthan
City Ahmadnagar
District Kopargaon
State Maharashtra
Address Vishwatmak Jangli Maharaj Asharam Trust, Chai Kokamthanshirdi-Kopargaon Road

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Ahmadnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001611 for the Kokamthan branch of Bank Of Maharashtra has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Bank Of Maharashtra located in Kokamthan, Ahmadnagar, Maharashtra, are allotted a unique IFSC like MAHB0001611 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmadnagar and Kopargaon.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Bank Of Maharashtra in Kokamthan reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code MAHB0001611

The format of the IFSC Code for banks, including Bank Of Maharashtra, follows 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 Kokamthan in Ahmadnagar.

For example, the IFSC Code MAHB0001611 of Bank Of Maharashtra for the Kokamthan branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001611 of Bank Of Maharashtra for its Kokamthan branch located in Ahmadnagar, the following methods can help:

Cheque Book

The cheque books that are issued by Bank Of Maharashtra include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and find the branch locator section. Search for Kokamthan or Ahmadnagar to get the exact IFSC Code MAHB0001611.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can easily 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 to help you in searching for Bank Of Maharashtra and Ahmadnagar that will provide accurate information.

How to Use IFSC Code MAHB0001611 for Online Transfers?

Once you have the IFSC Code MAHB0001611 for the Kokamthan branch of Bank Of Maharashtra in Ahmadnagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001611. 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 MAHB0001611.

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 Kokamthan in Ahmadnagar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Kokamthan, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Ahmadnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is MAHB0001611.

Is the IFSC Code MAHB0001611 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kokamthan branch?

The address of the branch is Vishwatmak Jangli Maharaj Asharam Trust, Chai Kokamthanshirdi-Kopargaon Road located in Ahmadnagar, Kopargaon, Maharashtra.

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.

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