Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Bank Of Maharashtra for its Modasa branch in Aravalli, Modasa, Gujarat, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Bank Of Maharashtra located in Aravalli or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code MAHB0002103. You should definitely 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, Modasa, Aravalli

Here are some of the key details that come with the IFSC Code MAHB0002103 of Bank Of Maharashtra for its branch located in Aravalli, within the district of Modasa in the state of Gujarat.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002103
Branch Modasa
City Aravalli
District Modasa
State Gujarat
Address Lavasa Shops, Ground Floorshop No 7-13, Meghraj Road, Modasa

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Aravalli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0002103 for the Modasa branch of Bank Of Maharashtra is vital.

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 Modasa, Aravalli, Gujarat, are allotted a unique IFSC like MAHB0002103 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0002103

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Modasa in Aravalli.

For example, the IFSC Code MAHB0002103 of Bank Of Maharashtra for the Modasa branch includes these elements, identifying the bank and the branch location in Aravalli and Gujarat accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0002103 of Bank Of Maharashtra for its Modasa branch located in Aravalli, 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 Aravalli and Modasa, 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 Modasa or Aravalli to get the exact IFSC Code MAHB0002103.

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 Aravalli that will provide accurate information.

How to Use IFSC Code MAHB0002103 for Online Transfers?

Once you have the IFSC Code MAHB0002103 for the Modasa branch of Bank Of Maharashtra in Aravalli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0002103. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 MAHB0002103.

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 Modasa in Aravalli, your payment can get delayed or might not go through at all.

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 Modasa, 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 Aravalli manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is MAHB0002103.

Is the IFSC Code MAHB0002103 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 Modasa?

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 Modasa branch?

The address of the branch is Lavasa Shops, Ground Floorshop No 7-13, Meghraj Road, Modasa located in Aravalli, Modasa, Gujarat.

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.