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 Mera Khurd branch in Buldhana, Mera Bk., Maharashtra, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code MAHB0000847. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Mera Khurd, Buldhana

Below in the table are the key details related to IFSC Code MAHB0000847 of Bank Of Maharashtra for its branch located in Buldhana, within the district of Mera Bk. in the state of Maharashtra.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0000847
Branch Mera Khurd
City Buldhana
District Mera Bk.
State Maharashtra
Address Shingne Niwas,Main Road Mera Khurd

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 MAHB0000847 for the Mera Khurd 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, including Bank Of Maharashtra located in Mera Khurd, Buldhana, Maharashtra, is provided with a unique IFSC like MAHB0000847 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Bank Of Maharashtra branch in Buldhana.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Buldhana and Mera Bk..
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Bank Of Maharashtra in Mera Khurd do not get mixed with another location.

Format of the IFSC Code MAHB0000847

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 Mera Khurd in Buldhana.

For example, the IFSC Code MAHB0000847 of Bank Of Maharashtra for the Mera Khurd branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra correctly.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0000847 of Bank Of Maharashtra for its Mera Khurd branch located in Buldhana, the following methods can help:

Cheque Book

The cheque book that is issued by Bank Of Maharashtra includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Bank Of Maharashtra branches in Buldhana and Mera Bk., print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Bank Of Maharashtra and look for the branch locator section, then search for Mera Khurd or Buldhana to get the exact IFSC Code MAHB0000847.

Mobile Banking App

If you use Bank Of Maharashtra's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Bank Of Maharashtra and Buldhana, then it will provide you proper information.

How to Use IFSC Code MAHB0000847 for Online Transfers?

Once you have the IFSC Code MAHB0000847 for the Mera Khurd branch of Bank Of Maharashtra in Buldhana, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0000847. 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 MAHB0000847.

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 Mera Khurd in Buldhana, 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 Mera Khurd, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help 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 Mera Khurd Buldhana?

The IFSC Code of the Mera Khurd Buldhana branch is MAHB0000847.

Is IFSC Code MAHB0000847 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Bank Of Maharashtra Mera Khurd branch?

The branch is located at Shingne Niwas,Main Road Mera Khurd.

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.