For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Bank Of Maharashtra for its Nambol branch in Bishnupur, Nambol, Manipur, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Bank Of Maharashtra located in Bishnupur or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code MAHB0002351. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Maharashtra, Nambol, Bishnupur
Here are some of the key details that come with the IFSC Code MAHB0002351 of Bank Of Maharashtra for its branch located in Bishnupur, within the district of Nambol in the state of Manipur.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0002351 |
| Branch | Nambol |
| City | Bishnupur |
| District | Nambol |
| State | Manipur |
| Address | Ground Floor, Mommy Complex, Nambol Bazar, Nambol, Dist.-Bishnupur, Manipur - 795134 |
These details helps users in online banking and for businesses and individuals who use Bank Of Maharashtra in Bishnupur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002351 for the Nambol branch of Bank Of Maharashtra plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Bank Of Maharashtra located in Nambol, Bishnupur, Manipur, is provided a unique IFSC like MAHB0002351 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Bank Of Maharashtra branch in Bishnupur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Bishnupur and Nambol.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Manipur and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Nambol do not get misguided to another person.
Format of the IFSC Code MAHB0002351
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 Nambol in Bishnupur.
For example, the IFSC Code MAHB0002351 of Bank Of Maharashtra for the Nambol branch includes these elements, identifying the bank and the branch location in Bishnupur and Manipur correctly.
How to Find IFSC Code for Bank Of Maharashtra?
If you are trying to find the IFSC Code MAHB0002351 of Bank Of Maharashtra for its Nambol branch located in Bishnupur, 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
Most banks, including Bank Of Maharashtra branches in Bishnupur and Nambol, print the IFSC and MICR codes 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 Nambol or Bishnupur to get the exact IFSC Code MAHB0002351.
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 Bishnupur, you'll get the correct details.
How to Use IFSC Code MAHB0002351 for Online Transfers?
Once you have the IFSC Code MAHB0002351 for the Nambol branch of Bank Of Maharashtra in Bishnupur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MAHB0002351. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002351.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Bank Of Maharashtra Nambol in Bishnupur, it can 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 Nambol, 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 Bishnupur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0002351.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Mommy Complex, Nambol Bazar, Nambol, Dist.-Bishnupur, Manipur - 795134 located in Bishnupur, Nambol, Manipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.