The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Bank Of Maharashtra for its Bhavnagar Branch branch in Bhavnagar, Bhavnagar, Gujarat, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Bank Of Maharashtra located in Bhavnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code MAHB0000404. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Bhavnagar Branch, Bhavnagar

Here are the main details that are associated with the IFSC Code MAHB0000404 of Bank Of Maharashtra for its branch located in Bhavnagar, within the district of Bhavnagar in the state of Gujarat.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000404
Branch Bhavnagar Branch
City Bhavnagar
District Bhavnagar
State Gujarat
Address 1St Fl, Turning Point Complex Opp.Dadasaheb Derasar Bhavnagar364001

These details help users in online banking and for businesses and individuals who use Bank Of Maharashtra in Bhavnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0000404 for the Bhavnagar Branch 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 that is provided by the Reserve Bank of India. A unique IFSC like MAHB0000404 is given to every bank branch, including Bank Of Maharashtra located in Bhavnagar Branch, Bhavnagar, Gujarat, 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 Bhavnagar.
  • 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 Bhavnagar and Bhavnagar.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Bhavnagar Branch doesn't end up at another location.

Format of the IFSC Code MAHB0000404

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 Bhavnagar Branch in Bhavnagar.

For example, the IFSC Code MAHB0000404 of Bank Of Maharashtra for the Bhavnagar Branch branch includes these elements, identifying the bank and the branch location in Bhavnagar and Gujarat accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000404 of Bank Of Maharashtra for its Bhavnagar Branch branch located in Bhavnagar, 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 Bhavnagar and Bhavnagar, 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 Bhavnagar Branch or Bhavnagar to get the exact IFSC Code MAHB0000404.

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 Bhavnagar that will provide accurate information.

How to Use IFSC Code MAHB0000404 for Online Transfers?

Once you have the IFSC Code MAHB0000404 for the Bhavnagar Branch branch of Bank Of Maharashtra in Bhavnagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000404. 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 MAHB0000404.

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 Bhavnagar Branch in Bhavnagar may result in delayed or failed transactions.

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 Bhavnagar Branch, 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 Bhavnagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Bhavnagar Branch, Bhavnagar?

The IFSC Code is MAHB0000404.

Is the IFSC Code MAHB0000404 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Bank Of Maharashtra Bhavnagar Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhavnagar Branch branch?

The address of the branch is 1St Fl, Turning Point Complex Opp.Dadasaheb Derasar Bhavnagar364001 located in Bhavnagar, Bhavnagar, Gujarat.

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.