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 Kali Asthan Road branch in Begusarai, Begusarai, Bihar, 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 Begusarai or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code MAHB0002647. 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, Kali Asthan Road, Begusarai
Below in the table are the key details related to IFSC Code MAHB0002647 of Bank Of Maharashtra for its branch located in Begusarai, within the district of Begusarai in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002647 |
| Branch | Kali Asthan Road |
| City | Begusarai |
| District | Begusarai |
| State | Bihar |
| Address | Ward No 20, Smb-Fitness Tower, Ratanpur, Dr. P Gupta Road, Dist- Begusarai, Bihar-851101 |
These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Begusarai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002647 for the Kali Asthan Road 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 Kali Asthan Road, Begusarai, Bihar, are allotted a unique IFSC like MAHB0002647 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Begusarai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Begusarai and Begusarai.
- 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 Kali Asthan Road reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code MAHB0002647
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 Kali Asthan Road in Begusarai.
For example, the IFSC Code MAHB0002647 of Bank Of Maharashtra for the Kali Asthan Road branch includes these elements, identifying the bank and the branch location in Begusarai and Bihar correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002647 of Bank Of Maharashtra for its Kali Asthan Road branch located in Begusarai, 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 Begusarai and Begusarai, 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 Kali Asthan Road or Begusarai to get the exact IFSC Code MAHB0002647.
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 Begusarai that will provide accurate information.
How to Use IFSC Code MAHB0002647 for Online Transfers?
Once you have the IFSC Code MAHB0002647 for the Kali Asthan Road branch of Bank Of Maharashtra in Begusarai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0002647. 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 MAHB0002647.
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 Kali Asthan Road in Begusarai, 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 Kali Asthan Road, 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 Begusarai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002647.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ward No 20, Smb-Fitness Tower, Ratanpur, Dr. P Gupta Road, Dist- Begusarai, Bihar-851101 located in Begusarai, Begusarai, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.