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 Mughalsarai branch in Chandauli, Chandauli, Uttar Pradesh, 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 Chandauli or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code MAHB0002500. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Bank Of Maharashtra, Mughalsarai, Chandauli

The table below shows the main details of the IFSC Code MAHB0002500 for the Bank Of Maharashtra branch in Chandauli, which falls under the Chandauli district in Uttar Pradesh.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0002500
Branch Mughalsarai
City Chandauli
District Chandauli
State Uttar Pradesh
Address Plot No 14, Great Road, Nai Basti, Mughalsarai, Chandauli, Dist-Chandauli, Uttar Pradesh

These details are crucial, not just for online banking users but also for businesses and individuals who use Bank Of Maharashtra in Chandauli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MAHB0002500 for the Mughalsarai branch of Bank Of Maharashtra has an important role.

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 Mughalsarai, Chandauli, Uttar Pradesh, are allotted a unique IFSC like MAHB0002500 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Chandauli.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Chandauli and Chandauli.
  • 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 Mughalsarai reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.

Format of the IFSC Code MAHB0002500

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 Mughalsarai in Chandauli.

For example, the IFSC Code MAHB0002500 of Bank Of Maharashtra for the Mughalsarai branch has these elements, identifying the bank and the branch location in Chandauli and Uttar Pradesh correctly.

How to Find IFSC Code for Bank Of Maharashtra?

To find the IFSC Code MAHB0002500 of Bank Of Maharashtra for its Mughalsarai branch located in Chandauli, the following methods can help you out:

Cheque Book

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

Passbook

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

Bank Website

Visit the official website of Bank Of Maharashtra and go to the branch locator section. Then search for Mughalsarai or Chandauli to find the exact IFSC Code MAHB0002500.

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 maintains an updated database of all IFSC codes. Searching for Bank Of Maharashtra and Chandauli will provide accurate information.

How to Use IFSC Code MAHB0002500 for Online Transfers?

If you have the IFSC Code MAHB0002500 for the Mughalsarai branch of Bank Of Maharashtra in Chandauli, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0002500. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Bank Of Maharashtra IFSC Code MAHB0002500.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of Maharashtra Mughalsarai in Chandauli, it may 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 Mughalsarai, 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 Chandauli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Bank Of Maharashtra in Mughalsarai, Chandauli?

The IFSC Code is MAHB0002500.

Is the IFSC Code MAHB0002500 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 Mughalsarai?

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 Mughalsarai branch?

The address of the branch is Plot No 14, Great Road, Nai Basti, Mughalsarai, Chandauli, Dist-Chandauli, Uttar Pradesh located in Chandauli, Chandauli, Uttar Pradesh.

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.