IFSC Code of Bank Of Maharashtra, Satephal(Chandur Rly), Chandur, Maharashtra- MAHB0001002

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 Satephal(Chandur Rly) branch in Amravati, Chandur, Maharashtra, 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 Amravati or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MAHB0001002. 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, Satephal(Chandur Rly), Amravati

Here are some of the key details that come with the IFSC Code MAHB0001002 of Bank Of Maharashtra for its branch located in Amravati, within the district of Chandur in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Amravati for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0001002 for the Satephal(Chandur Rly) branch of Bank Of Maharashtra plays an 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 Satephal(Chandur Rly), Amravati, Maharashtra, are given a unique IFSC like MAHB0001002 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It helps ensure that any money sent to Bank Of Maharashtra in Satephal(Chandur Rly) goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0001002

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 Satephal(Chandur Rly) in Amravati.

For example, the IFSC Code MAHB0001002 of Bank Of Maharashtra for the Satephal(Chandur Rly) branch includes these elements, identifying the bank and the branch location in Amravati and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001002 of Bank Of Maharashtra for its Satephal(Chandur Rly) branch located in Amravati, 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 Amravati and Chandur, 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 Satephal(Chandur Rly) or Amravati to get the exact IFSC Code MAHB0001002.

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 Amravati that will provide accurate information.

How to Use IFSC Code MAHB0001002 for Online Transfers?

Once you have the IFSC Code MAHB0001002 for the Satephal(Chandur Rly) branch of Bank Of Maharashtra in Amravati, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001002. 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 MAHB0001002.

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 Satephal(Chandur Rly) in Amravati, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Satephal(Chandur Rly), here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Amravati to handle online money transfers and get their cheques cleared smoothly.