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IFSC Code of Bank Of Maharashtra, Tambaram, Chennai, Tamil Nadu — MAHB0001418

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Bank Of Maharashtra for its Tambaram branch in Chengalpattu, Chennai, Tamil Nadu, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Bank Of Maharashtra situated in Chengalpattu or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code MAHB0001418. You should 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, Tambaram, Chengalpattu

The table below shows the main details of the IFSC Code MAHB0001418 for the Bank Of Maharashtra branch in Chengalpattu, which falls under the Chennai district in Tamil Nadu.

Particulars Details
Bank Bank Of Maharashtra
IFSC Code MAHB0001418
Branch Tambaram
City Chengalpattu
District Chennai
State Tamil Nadu
Address New No. 28 Old No. 75 Tambaramanna Street

These details are important not only for users using online banking but also for businesses and individuals who use Bank Of Maharashtra in Chengalpattu for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code MAHB0001418 for the Tambaram 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 Tambaram, Chengalpattu, Tamil Nadu, are given a unique IFSC like MAHB0001418 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code MAHB0001418

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 Tambaram in Chengalpattu.

For example, the IFSC Code MAHB0001418 of Bank Of Maharashtra for the Tambaram branch includes these elements, identifying the bank and the branch location in Chengalpattu and Tamil Nadu accurately.

How to Find IFSC Code for Bank Of Maharashtra?

If you are looking for the IFSC Code MAHB0001418 of Bank Of Maharashtra for its Tambaram branch located in Chengalpattu, 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 Chengalpattu and Chennai, 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 Tambaram or Chengalpattu to get the exact IFSC Code MAHB0001418.

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 Chengalpattu, then it will provide you proper information.

How to Use IFSC Code MAHB0001418 for Online Transfers?

If you have the IFSC Code MAHB0001418 for the Tambaram branch of Bank Of Maharashtra in Chengalpattu, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code MAHB0001418. 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 MAHB0001418.

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 Tambaram in Chengalpattu, 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 Tambaram, 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 Chengalpattu 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 Tambaram, Chengalpattu?

The IFSC Code is MAHB0001418.

Is the IFSC Code MAHB0001418 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 Tambaram?

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 Tambaram branch?

The address of the branch is New No. 28 Old No. 75 Tambaramanna Street located in Chengalpattu, Chennai, Tamil Nadu.

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.

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