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 Khamaria branch in Balaghat, Khamaria, Chandigarh, 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 Balaghat or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code MAHB0000795. 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, Khamaria, Balaghat

Here are the key points that are associated with the IFSC Code MAHB0000795 of Bank Of Maharashtra for its branch located in Balaghat, within the district of Khamaria in the state of Chandigarh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000795
Branch Khamaria
City Balaghat
District Khamaria
State Chandigarh
Address At And Post-Khamaria, Warasaoni The.

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Balaghat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000795 for the Khamaria 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 Khamaria, Balaghat, Chandigarh, are given a unique IFSC like MAHB0000795 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Balaghat.
  • 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 Balaghat and Khamaria.
  • 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 Khamaria goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Chandigarh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0000795

The format of the IFSC Code for banks, including Bank Of Maharashtra, has 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 Khamaria in Balaghat.

For example, the IFSC Code MAHB0000795 of Bank Of Maharashtra for the Khamaria branch includes these elements, identifying the bank and the branch location in Balaghat and Chandigarh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0000795 of Bank Of Maharashtra for its Khamaria branch located in Balaghat, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Khamaria or Balaghat to get the exact IFSC Code MAHB0000795.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Balaghat, then it will provide you proper information.

How to Use IFSC Code MAHB0000795 for Online Transfers?

Once you have the IFSC Code MAHB0000795 for the Khamaria branch of Bank Of Maharashtra in Balaghat, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000795. 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 MAHB0000795.

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 Khamaria in Balaghat, 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 Khamaria, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Balaghat manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Khamaria, Balaghat?

The IFSC Code is MAHB0000795.

Is the IFSC Code MAHB0000795 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 Khamaria?

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 Khamaria branch?

The address of the branch is At And Post-Khamaria, Warasaoni The. located in Balaghat, Khamaria, Chandigarh.

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.