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 City Market, Bangalore branch in Bengaluru Urban, Bangalore, Karnataka, 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 Bengaluru Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code MAHB0000304. 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, City Market, Bangalore, Bengaluru Urban

The table below shows the main details of the IFSC Code MAHB0000304 for the Bank Of Maharashtra branch in Bengaluru Urban, which falls under the Bangalore district in Karnataka.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000304
Branch City Market, Bangalore
City Bengaluru Urban
District Bangalore
State Karnataka
Address .13,K.R.Road,City Marketfort Faxal,Bangalore

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Bengaluru Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000304 for the City Market, Bangalore 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, including Bank Of Maharashtra located in City Market, Bangalore, Bengaluru Urban, Karnataka, is provided with a unique IFSC like MAHB0000304 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Bengaluru Urban.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Bengaluru Urban and Bangalore.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in City Market, Bangalore do not get mixed with another location.

Format of the IFSC Code MAHB0000304

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): These represent the bank code. In Bank Of Maharashtra, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like City Market, Bangalore in Bengaluru Urban.

For example, the IFSC Code MAHB0000304 of Bank Of Maharashtra for the City Market, Bangalore branch has 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 trying to find the IFSC Code MAHB0000304 of Bank Of Maharashtra for its City Market, Bangalore branch located in Bengaluru Urban, 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 Bengaluru Urban and Bangalore, 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 City Market, Bangalore or Bengaluru Urban to get the exact IFSC Code MAHB0000304.

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 Bengaluru Urban, you'll get the correct details.

How to Use IFSC Code MAHB0000304 for Online Transfers?

Once you have the IFSC Code MAHB0000304 for the City Market, Bangalore branch of Bank Of Maharashtra in Bengaluru Urban, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000304. Transfers are processed in batches. This is 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. Requires the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0000304.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Bank Of Maharashtra City Market, Bangalore in Bengaluru Urban may result in delayed or failed transactions.

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 City Market, Bangalore, 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 Bengaluru Urban manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in City Market, Bangalore, Bengaluru Urban?

The IFSC Code is MAHB0000304.

Is the IFSC Code MAHB0000304 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra City Market, Bangalore?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the City Market, Bangalore branch?

The address of the branch is .13,K.R.Road,City Marketfort Faxal,Bangalore located in Bengaluru Urban, Bangalore, Karnataka.

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.

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