There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Brigade Road, Bangalore branch in Bengaluru Urban, Bangalore, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Bengaluru Urban or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code MAHB0000403. You should 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, Brigade Road, Bangalore, Bengaluru Urban
Below in the table are the key details related to IFSC Code MAHB0000403 of Bank Of Maharashtra for its branch located in Bengaluru Urban, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0000403 |
| Branch | Brigade Road, Bangalore |
| City | Bengaluru Urban |
| District | Bangalore |
| State | Karnataka |
| Address | No.001, St. Patricks Shopping Complex 15 K, Brigade Road ,Bengaluru |
These details are essential not only for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Bengaluru Urban for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000403 for the Brigade Road, Bangalore branch of Bank Of Maharashtra plays an 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 Brigade Road, Bangalore, Bengaluru Urban, Karnataka, are given a unique IFSC like MAHB0000403 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bengaluru Urban.
- 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 Bengaluru Urban and Bangalore.
- 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 Brigade Road, Bangalore goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code MAHB0000403
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 Brigade Road, Bangalore in Bengaluru Urban.
For example, the IFSC Code MAHB0000403 of Bank Of Maharashtra for the Brigade Road, Bangalore branch includes these elements, identifying the bank and the branch location in Bengaluru Urban and Karnataka correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are looking for the IFSC Code MAHB0000403 of Bank Of Maharashtra for its Brigade Road, Bangalore branch located in Bengaluru Urban, 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 Bengaluru Urban and Bangalore, 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 Brigade Road, Bangalore or Bengaluru Urban to get the exact IFSC Code MAHB0000403.
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 Bengaluru Urban, then it will provide you proper information.
How to Use IFSC Code MAHB0000403 for Online Transfers?
Once you have the IFSC Code MAHB0000403 for the Brigade Road, Bangalore branch of Bank Of Maharashtra in Bengaluru Urban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code MAHB0000403. 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 MAHB0000403.
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 Brigade Road, Bangalore in Bengaluru Urban, your payment can get delayed or might not go through at all.
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 Brigade Road, Bangalore, 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 Bengaluru Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0000403.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No.001, St. Patricks Shopping Complex 15 K, Brigade Road ,Bengaluru located in Bengaluru Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.