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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of Maharashtra for its Barabanki branch in Bara Banki, Bara Banki, or Uttar Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Bank Of Maharashtra located in Bara Banki or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0001664. 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, Barabanki, Bara Banki

Below in the table are the key details related to IFSC Code MAHB0001664 of Bank Of Maharashtra for its branch located in Bara Banki, within the district of Bara Banki in the state of Uttar Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001664
Branch Barabanki
City Bara Banki
District Bara Banki
State Uttar Pradesh
Address 290 M, Satrikh Naka, Nawab Ganj, Barabankiuttar Pradesh

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Bara Banki for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001664 for the Barabanki 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0001664 is given to every bank branch, including Bank Of Maharashtra located in Barabanki, Bara Banki, Uttar Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Bara Banki.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Bara Banki and Bara Banki.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Barabanki doesn't end up at another location.

Format of the IFSC Code MAHB0001664

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 Barabanki in Bara Banki.

For example, the IFSC Code MAHB0001664 of Bank Of Maharashtra for the Barabanki branch includes these elements, identifying the bank and the branch location in Bara Banki and Uttar Pradesh accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001664 of Bank Of Maharashtra for its Barabanki branch located in Bara Banki, 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

Most banks, including Bank Of Maharashtra branches in Bara Banki and Bara Banki, print the IFSC and MICR codes 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 Barabanki or Bara Banki to get the exact IFSC Code MAHB0001664.

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 Bara Banki, you'll get the correct details.

How to Use IFSC Code MAHB0001664 for Online Transfers?

Once you have the IFSC Code MAHB0001664 for the Barabanki branch of Bank Of Maharashtra in Bara Banki, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0001664. 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 MAHB0001664.

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 Barabanki in Bara Banki, 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 Barabanki, 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 Bara Banki manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra Barabanki Bara Banki?

The IFSC Code of the Barabanki Bara Banki branch is MAHB0001664.

Is IFSC Code MAHB0001664 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Barabanki branch?

The branch is located at 290 M, Satrikh Naka, Nawab Ganj, Barabankiuttar Pradesh.

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.