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 Deulgaon Raja branch in Buldhana, Deulgaon Raja, Maharashtra, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000406. 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, Deulgaon Raja, Buldhana

Below in the table are the key details related to IFSC Code MAHB0000406 of Bank Of Maharashtra for its branch located in Buldhana, within the district of Deulgaon Raja in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000406
Branch Deulgaon Raja
City Buldhana
District Deulgaon Raja
State Maharashtra
Address Mishrikotkar Bldg, Chikhali Road, Deulgaon Raja, 443204

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Buldhana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0000406 for the Deulgaon Raja branch of Bank Of Maharashtra is vital.

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 Deulgaon Raja, Buldhana, Maharashtra, is provided a unique IFSC like MAHB0000406 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Bank Of Maharashtra branch in Buldhana.
  • 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 Buldhana and Deulgaon Raja.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Deulgaon Raja do not get misguided to another person.

Format of the IFSC Code MAHB0000406

This is the format of the IFSC Code for banks, including Bank Of Maharashtra, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Bank Of Maharashtra, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Deulgaon Raja in Buldhana.

For example, the IFSC Code MAHB0000406 of Bank Of Maharashtra for the Deulgaon Raja branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are trying to find the IFSC Code MAHB0000406 of Bank Of Maharashtra for its Deulgaon Raja branch located in Buldhana, 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 Buldhana and Deulgaon Raja, 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 Deulgaon Raja or Buldhana to get the exact IFSC Code MAHB0000406.

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 Buldhana that will provide accurate information.

How to Use IFSC Code MAHB0000406 for Online Transfers?

Once you have the IFSC Code MAHB0000406 for the Deulgaon Raja branch of Bank Of Maharashtra in Buldhana, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code MAHB0000406. 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 MAHB0000406.

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 Deulgaon Raja in Buldhana, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Bank Of Maharashtra in Deulgaon Raja, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Bank Of Maharashtra website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Buldhana manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Deulgaon Raja, Buldhana?

The IFSC Code is MAHB0000406.

Is the IFSC Code MAHB0000406 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Bank Of Maharashtra Deulgaon Raja?

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

What is the full address of the Deulgaon Raja branch?

The address of the branch is Mishrikotkar Bldg, Chikhali Road, Deulgaon Raja, 443204 located in Buldhana, Deulgaon Raja, Maharashtra.

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.