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 Kingaon Raja branch in Buldhana, Kingaon Raja, Maharashtra, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000958. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of Maharashtra, Kingaon Raja, Buldhana
The table below shows the main details of the IFSC Code MAHB0000958 for the Bank Of Maharashtra branch in Buldhana, which falls under the Kingaon Raja district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Bank Of Maharashtra |
| IFSC Code | MAHB0000958 |
| Branch | Kingaon Raja |
| City | Buldhana |
| District | Kingaon Raja |
| State | Maharashtra |
| Address | S K Dhike Bunglow, Near Bus Stand, Kingoon Rajateh. Sindkhed |
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 MAHB0000958 for the Kingaon Raja 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 Kingaon Raja, Buldhana, Maharashtra, are allotted a unique IFSC like MAHB0000958 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Buldhana.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Buldhana and Kingaon Raja.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Bank Of Maharashtra in Kingaon Raja reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code MAHB0000958
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): 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 Kingaon Raja in Buldhana.
For example, the IFSC Code MAHB0000958 of Bank Of Maharashtra for the Kingaon 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 MAHB0000958 of Bank Of Maharashtra for its Kingaon Raja branch located in Buldhana, 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 Buldhana and Kingaon Raja, 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 Kingaon Raja or Buldhana to get the exact IFSC Code MAHB0000958.
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 Buldhana, you'll get the correct details.
How to Use IFSC Code MAHB0000958 for Online Transfers?
Once you have the IFSC Code MAHB0000958 for the Kingaon 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 MAHB0000958. The transfer is completed in batches instead of instantly. It is useful for both 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 MAHB0000958.
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 Kingaon Raja in Buldhana, 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 Kingaon Raja, 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 Buldhana manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is MAHB0000958.
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 S K Dhike Bunglow, Near Bus Stand, Kingoon Rajateh. Sindkhed located in Buldhana, Kingaon Raja, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.