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 Bongaigaon branch in Bongaigaon, Bongaigaon, Assam, 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 Bongaigaon or anywhere in Assam can transfer funds instantly by using the correct IFSC Code MAHB0001787. 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, Bongaigaon, Bongaigaon

Here are some of the key details that come with the IFSC Code MAHB0001787 of Bank Of Maharashtra for its branch located in Bongaigaon, within the district of Bongaigaon in the state of Assam.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001787
Branch Bongaigaon
City Bongaigaon
District Bongaigaon
State Assam
Address First Floor,Main Road,Opp Mayapuri Cinema,Bon Bongaigaon

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Bongaigaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001787 for the Bongaigaon branch of Bank Of Maharashtra is vital.

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 Bongaigaon, Bongaigaon, Assam, are given a unique IFSC like MAHB0001787 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bongaigaon.
  • 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 Bongaigaon and Bongaigaon.
  • 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 Bongaigaon goes to the correct branch. This is important because Bank Of Maharashtra has thousands of branches in Assam and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code MAHB0001787

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 Bongaigaon in Bongaigaon.

For example, the IFSC Code MAHB0001787 of Bank Of Maharashtra for the Bongaigaon branch has these elements, identifying the bank and the branch location in Bongaigaon and Assam correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0001787 of Bank Of Maharashtra for its Bongaigaon branch located in Bongaigaon, 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 Bongaigaon and Bongaigaon, 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 Bongaigaon or Bongaigaon to get the exact IFSC Code MAHB0001787.

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 Bongaigaon, you'll get the correct details.

How to Use IFSC Code MAHB0001787 for Online Transfers?

Once you have the IFSC Code MAHB0001787 for the Bongaigaon branch of Bank Of Maharashtra in Bongaigaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001787. 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 MAHB0001787.

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 Bongaigaon in Bongaigaon, it can 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 Bongaigaon, 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 Bongaigaon 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 Bongaigaon, Bongaigaon?

The IFSC Code is MAHB0001787.

Is the IFSC Code MAHB0001787 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 Bongaigaon?

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 Bongaigaon branch?

The address of the branch is First Floor,Main Road,Opp Mayapuri Cinema,Bon Bongaigaon located in Bongaigaon, Bongaigaon, Assam.

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.