IFSC Code of Bank Of Maharashtra, Anakapalli, Anakapalle, Andhra Pradesh- MAHB0000524

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 Anakapalli branch in Anakapalli, Anakapalle, Andhra Pradesh, 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 Anakapalli or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0000524. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

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

Here are some of the key details that come with the IFSC Code MAHB0000524 of Bank Of Maharashtra for its branch located in Anakapalli, within the district of Anakapalle in the state of Andhra Pradesh.

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Anakapalli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000524 for the Anakapalli 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 Anakapalli, Anakapalli, Andhra Pradesh, are allotted a unique IFSC like MAHB0000524 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Anakapalli.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Anakapalli and Anakapalle.
• 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 Anakapalli reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code MAHB0000524

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): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Anakapalli in Anakapalli.

For example, the IFSC Code MAHB0000524 of Bank Of Maharashtra for the Anakapalli branch has these elements, identifying the bank and the branch location in Anakapalli and Andhra Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0000524 of Bank Of Maharashtra for its Anakapalli branch located in Anakapalli, 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 Anakapalli and Anakapalle, 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 Anakapalli or Anakapalli to find the exact IFSC Code MAHB0000524.

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 Anakapalli will provide accurate information.

How to Use IFSC Code MAHB0000524 for Online Transfers?

Once you have the IFSC Code MAHB0000524 for the Anakapalli branch of Bank Of Maharashtra in Anakapalli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000524. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0000524.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Bank Of Maharashtra Anakapalli in Anakapalli, your payment can get delayed or might not go through at all.

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 Anakapalli, 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 Anakapalli manage online transfers as well as cheque clearances with ease.