The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Maharashtra for its Turkabad branch in Aurangabad, Turkabad, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Maharashtra located in Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000625. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Turkabad, Aurangabad

Here are some of the key details that come with the IFSC Code MAHB0000625 of Bank Of Maharashtra for its branch located in Aurangabad, within the district of Turkabad in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000625
Branch Turkabad
City Aurangabad
District Turkabad
State Maharashtra
Address Saraf Bldg,H.No.174, At And Post Turkabad, Gangapur Taluka

These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000625 for the Turkabad branch of Bank Of Maharashtra plays a vital 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 Turkabad, Aurangabad, Maharashtra, are allotted a unique IFSC like MAHB0000625 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0000625

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 Turkabad in Aurangabad.

For example, the IFSC Code MAHB0000625 of Bank Of Maharashtra for the Turkabad branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000625 of Bank Of Maharashtra for its Turkabad branch located in Aurangabad, the following methods can help:

Cheque Book

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

Passbook

You can easily find the IFSC and MICR codes because most banks, including Bank Of Maharashtra branches in Aurangabad and Turkabad, print them on the first page of your passbook.

Bank Website

Visit the official website of Bank Of Maharashtra and navigate to the branch locator section. Search for Turkabad or Aurangabad to get the exact IFSC Code MAHB0000625.

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 keeps an updated list of all IFSC codes. If you search for Bank Of Maharashtra and Aurangabad, you'll get the correct details.

How to Use IFSC Code MAHB0000625 for Online Transfers?

If you have the IFSC Code MAHB0000625 for the Turkabad branch of Bank Of Maharashtra in Aurangabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000625. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0000625.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Turkabad in Aurangabad, it may 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 Turkabad, 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 Aurangabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is MAHB0000625.

Is the IFSC Code MAHB0000625 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 Turkabad?

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 Turkabad branch?

The address of the branch is Saraf Bldg,H.No.174, At And Post Turkabad, Gangapur Taluka located in Aurangabad, Turkabad, 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.