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 Mid Corporate Branch Bengaluru branch in Bengaluru Urban, Bengaluru, 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 MAHB0002388. 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, Mid Corporate Branch Bengaluru, Bengaluru Urban
Here are some of the key details that come with the IFSC Code MAHB0002388 of Bank Of Maharashtra for its branch located in Bengaluru Urban, within the district of Bengaluru in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002388 |
| Branch | Mid Corporate Branch Bengaluru |
| City | Bengaluru Urban |
| District | Bengaluru |
| State | Karnataka |
| Address | No 466,3Rd Main, Iv Phase,12Th Cross Peenya Industrial Area, Opp Brindavan Bus Stop Bengaluru-560058 |
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 MAHB0002388 for the Mid Corporate Branch Bengaluru 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 Mid Corporate Branch Bengaluru, Bengaluru Urban, Karnataka, is provided with a unique IFSC like MAHB0002388 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 Bengaluru.
- 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 Mid Corporate Branch Bengaluru do not get mixed with another location.
Format of the IFSC Code MAHB0002388
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 Mid Corporate Branch Bengaluru in Bengaluru Urban.
For example, the IFSC Code MAHB0002388 of Bank Of Maharashtra for the Mid Corporate Branch Bengaluru branch includes these elements, identifying the bank and the branch location in Bengaluru Urban and Karnataka accurately.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002388 of Bank Of Maharashtra for its Mid Corporate Branch Bengaluru branch located in Bengaluru Urban, 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 Bengaluru Urban and Bengaluru, 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 Mid Corporate Branch Bengaluru or Bengaluru Urban to get the exact IFSC Code MAHB0002388.
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 Bengaluru Urban that will provide accurate information.
How to Use IFSC Code MAHB0002388 for Online Transfers?
Once you have the IFSC Code MAHB0002388 for the Mid Corporate Branch Bengaluru 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 MAHB0002388. 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 MAHB0002388.
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 Mid Corporate Branch Bengaluru 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 are very different from IFSC codes. If you are looking for the MICR code of Bank Of Maharashtra in Mid Corporate Branch Bengaluru, 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)
The IFSC Code is MAHB0002388.
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 466,3Rd Main, Iv Phase,12Th Cross Peenya Industrial Area, Opp Brindavan Bus Stop Bengaluru-560058 located in Bengaluru Urban, Bengaluru, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.